ShmoopTube

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finance a la shmoop what is acting against recommendations hmm

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let's say you head to the emergency room with stomach pains the doctor in charge [Man driving fast with stomach pains]

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says yep you've got appendicitis but I'm brutally

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tired so I recommend you go home well odds are if the doc himself had [Doctor in pain with stomach pains]

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appendicitis he'd get someone to take that puppy out stat acting against

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recommendations is kind of like that just in the financial world if your

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broker tells you to do something he wouldn't recommend for his own [Man discussing finance with his broker]

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investments well he has a duty to tell you that he wouldn't do that same thing

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in his own case that usually happens when some bonehead tells a broker, hey I

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want to bet my life savings on this new IPO well why would anyone act against

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recommendations well in the case of the doc maybe he's so tired that he's a [Doctor holding scalpel and falls to the floor]

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dangerous menace in the O.R... In the case of your broker well maybe there's

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something about your specific situation that makes acting against recommendation

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the way to go well as long as they tell you that it's against recommendations

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well, they're legally in the cure just don't ask that broker to perform

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your kidney transplant [Broker walks into office]

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