Question: A CFA was informed by a client that if he/she could get the client's pension plan performance above the S&P average by the end of

 A CFA was informed by a client that if he/she could
get the client's pension plan performance above the S&P average by the

A CFA was informed by a client that if he/she could get the client's pension plan performance above the S&P average by the end of the year, the client would give him/her a free trip to Japan to visit the firm's offices. If the CFA agrees to this arrangement, which of the following actions complies with the Standards? The CFA: must inform his/her employer of this agreement but may accept it with verbal consent must inform his/her employer of this agreement but does not need consent may inform his/her employer by email of this arrangement and must receive written consent A CFA's company is participating in an acquisition. To speed up the process, the CFA's manager gives the CFA a report from another company's analyst, also working on the project, and tells the CFA to put it on company letterhead and distribute it by the end of the day. If the CFA complies, he/she will violate the Standard on material nonpublic information communication with clients and prospective clients misrepresentation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!