Sofie is a busy mutual fund sales representative.

Vendor: CSI
Product: IFC
Update on: Dec 16, 2025
Questions: 447

CSI IFC Question Answer

Sofie is a busy mutual fund sales representative. She would like to move clients that are invested in low-yielding cash accounts to her firm’s higher-yielding proprietary money market mutual fund. She confirms the orders with the clients, then instructs her new sales assistant, who will write the IFC exam next week, to enter orders to buy units in this fund. How has Sofie violated the standards of conduct?

She allowed an unregistered individual to process the order to buy units

She failed to establish a scheduled review for her clients’ accounts

She has done insufficient research and violated her due diligence requirement

She violated no standards of conduct