Cph practices handbook - Study guides, Class notes & Summaries

Conduct and Practices Handbook (CPH) Exam Questions And Answers 100% Pass. Duty of care - answerThis refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard muc...

Duty of care - AnswerThis refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard much more often than the standard of fiduciary duty. The two aspects of this are sui...