Question: Does Jacobs violate the CFA Institute Code and Standards by offering his referral clients a lower investment advisory fee than the one quoted in JRAs

Does Jacobs violate the CFA Institute Code and Standards by offering his referral clients a lower investment advisory fee than the one quoted in JRA’s marketing brochure?

A. No B. Yes, because JRA is misrepresenting its fees C. Yes, because JRA is not dealing with its clients fairly

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