hard · Certified Financial Planner Investment Planning
Jablonski, a CFP® professional, receives a $500 gift basket from a product wholesaler as a thank-you for recent referrals.
According to the Code of Ethics and Standards of Conduct, which duty is most directly implicated, and what is the required response?
- The duty of loyalty; Jablonski must immediately terminate the relationship with the wholesaler.
- The duty of integrity and communication; Jablonski must disclose the gift to the client.
- The duty of confidentiality; Jablonski must refuse the gift to protect client privacy.
- No duty is implicated as the gift value is below the de minimis threshold for reporting.
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