Final answer:
The ethical obligations for the first step in the financial planning process are detailed in professional codes of ethics, which are not uniformly standardized across all texts or institutions. The question seems to refer to a particular set of standards from a specific source, which wasn't provided, making it challenging to give a precise answer.
Step-by-step explanation:
The ethical obligations for the first step in the financial planning process are set forth by various professional codes of ethics, which outline the responsibilities professionals have towards their clients, society, and the environment. In financial planning, these ethical codes often emphasize the importance of honesty, integrity, transparency, and the duty to act in the best interest of the clients. The question specifically asks for the rules, such as I. 1.1, II. 1.2, etc., is presumably referring to a particular set of standards or guidelines from a textbook or a financial planning ethical code, but these references are not standard themselves or universally recognized across all texts or institutions. Based on the information provided, one might infer that the correct answer to 'Which rules set forth the ethical obligations for the first step in the financial planning process?' is closely related to chapters and learning objectives involving business ethics, financial literacy, and the role of ethics within business technology.
LEARNING OBJECTIVES
By the end of this section on business ethics and emerging technology, a student should be able to:
Describe the role of codes of ethics within business and technology.
As the query does not provide specific details on the referenced rules such as I.1.1 or II.1.2, we are unable to directly link them to a given set of ethical obligations. The actual rules would depend on the ethical code being studied, whether it's for personal financial planners, investment advisors, or other related professions.