header bg

Scan QR code or get instant email to install app


Doug Watson, CFA, serves in a sales position at Sommerset Brokerage, a registered investment adviser. As part of his employment, he is expected to entertain clients. Frequently at these client outings, Watson drinks excessively. On one occasion, after dropping off a client, Watson was cited by local police for misdemeanor public intoxication. According to the Standard on knowledge of the law and the Standard on misconduct, Watson violates:

A neither of these Standards.

Watsons excessive drinking is unfortunate but we have no evidence that it has affected his work, professional integrity, judgment, or reputation. His arrest for public intoxication occurred while he was away from work. If he commits an act involving fraud or dishonesty, he would violate the Standard on misconduct.

Related Information


Leave a Reply

Your email address will not be published. Required fields are marked *