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#analyst-notes #guidance-for-standards-i-vii

Example 3

A firm advertises that investors can increase their returns by investing in money market funds rather than municipal funds. The firm doesn't mention that this statement is not true for investors in the highest tax bracket. The firm, therefore, violates the standard because the advertisement predicts performance for all investors without distinguishing the impact on investors in the highest tax bracket.
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Subject 3. Standard I (C) Misrepresentation
Example 2 An analyst calls himself a "portfolio management specialist." In fact, the analyst is just a trainee. The analyst violates the standard for misrepresenting his or her qualifications. <span>Example 3 A firm advertises that investors can increase their returns by investing in money market funds rather than municipal funds. The firm doesn't mention that this statement is not true for investors in the highest tax bracket. The firm, therefore, violates the standard because the advertisement predicts performance for all investors without distinguishing the impact on investors in the highest tax bracket. Example 4 Kevin is the president of Shapiro Inc., an investment relations company. Kevin contracts with six publicly traded companies to electronically promote their

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