According to the CCDS code of ethics, is it permissible to give legal, insurance, and investment advice without proper licensing?

The assertion that it is never permissible to give legal, insurance, and investment advice without proper licensing aligns with the CCDS code of ethics, emphasizing the importance of adhering to professional standards and regulations. This principle is crucial to maintaining integrity and protecting consumers, as individuals providing advice in these areas must have the appropriate qualifications and licenses to ensure that they can do so accurately and responsibly.

Providing such advice without the necessary licenses could lead to potential harm to consumers who rely on that guidance, exposing them to financial risk or legal repercussions. The code of ethics aims to uphold the professionalism and credibility of those working in consumer debt management, underscoring the need for licensed experts to safeguard consumer interests effectively.