Ethical and Professional Standards Q102

102Leila Salman works for a firm that advertises its past performance in various periodicals. Salman discovers that some accounts have left the firm recently and the returns of these accounts are not included in the promotional material. The omission has led to inflated performance returns. Salman is asked to use the same material while soliciting clients. By doing so, Salman will least likely be violating the CFA Institute Standard of:

Option : A
Explanation : Refer to Standards I(A) Knowledge of the Law, I(C) Misrepresentation and III (D) Performance Presentation.

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