QUESTION 1/15 Marks) a. MFDA rules require that Mutual Fund Representatives provide a written suitability review for each trade recommended by the Mutual Fund Advisor, as well as for orders proposed by the client to the Advisor REQUIRED: Ust and discuss at least three specific steps that Advisors are required to take in order to meet the above MFDA requirement. (9 Marks) b. While Investment Advisors have a suitability duty of care to their clients, Certified Financial Planners have even a higher level of responsibility to their clients. REQUIRED: In your own words, explain how the "suitability duty" of a Mutual Fund Advisor differs from a "fiduciary duty that Certified Financial Planners owe their clients. (6 Marks)