n NISM Certifications
X NISM Series X
Medium

How should an investment adviser ethically handle an ethical dilemma?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Balance conflicting interests regardless of the outcome

  2. B

    Choose the option most aligned with the client’s inclination

  3. Conduct a thorough analysis to seek a clear resolution

    Correct answer

  4. D

    Opt for the most profitable option for the adviser

Why this is the answer

Deep analysis helps clarify ethical dilemmas, often revealing the most appropriate course of action aligned with principles and client interests.

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