1. Is a lawyer incidentally advising a client on the value of an investment

Question: 1. Is a lawyer incidentally advising a client on the value of an investment product an investment adviser? Why? 2. Is the Trust Department of a bank embraced in the term “investment banker?” Explain. 3. What is the essence of the cooling-off period under R. A. No. 11765? Explain. 4. Can a financial regulator refrain from giving a cooling-off period? If it isSee the answerSee the answerSee the answer done loading1. Is a lawyer incidentally advising a client on the value of an investment product an investment adviser? Why? 2. Is the Trust Department of a bank embraced in the term “investment banker?” Explain. 3. What is the essence of the cooling-off period under R. A. No. 11765? Explain. 4. Can a financial regulator refrain from giving a cooling-off period? If it is withheld, will this amount to a grave abuse of discretion? Explain. 100% (1 rating)Ans .1. Financial planners, bankers, and brokers can often provide investment advice for short- and long-term financial goals. Always ask for a financial advisor’s qualifications before making any suggested investments. Ans 2. conceptual analysis is…View the full answer