What is Ted Riczek's primary duty regarding third-party research he uses for client recommendations?

Ted Riczek's primary duty regarding third-party research used for client recommendations is to verify the credibility of the research. This responsibility is crucial in ensuring that any recommendations made to clients are based on reliable, accurate, and high-quality information. By verifying the credibility of third-party sources, Ted can assess the validity of the findings, which further helps in making informed decisions that align with the best interests of his clients.

Relying fully on third-party sources without verification could lead to the dissemination of inaccurate or biased information, which could harm clients' interests. Disclosing all sources used in recommendations, while important for transparency, does not substitute the need for verifying the credibility of those sources. Conducting independent research is valuable, but the essential component in this context is the verification of the existing third-party information. Therefore, ensuring credibility is fundamental to maintaining professional ethical standards in client advisory roles.