WOUTER DUYCK, CFA, IS THE SOLE PROPRIETOR OF AN INVESTMEN...

3. Wouter Duyck, CFA, is the sole proprietor of an investment advisory firm serving a middle-class retail clientele. Duyck claims to be different from his competitors because he conducts his own independent research. Duyck has hundreds of clients. He fully discloses that to simply the management of all these accounts he has created a recommended list of stocks, from which he selects investments for all of his clients. Duyck’s recommended list of stocks is obtained from his primary broker, who has completed due diligence on each stock. Duyck’s recommended list least likely violates which of the following CFA Institute Standards of Professional Conduct? A. Fair Dealing. B. Misrepresentation. C. Diligence and Reasonable Basis.