Suitable advice obligation
The duty to give advice that would be right in a specific situation for a specific person, requiring proper study of the conditions relevant to that client.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series X-A← All terms