Ethical and Professional Standards Q118

0. Robert Brown is an analyst at Lazarus Investment Bank, which is one of the underwriters of Coolidge Inc. Brown discovers that the company has not given accurate earnings figures. The actual figures are much lower than the numbers presented. The preliminary prospectus has been distributed. Brown talks to his supervisor, who casually dismisses the matter. Brown requests his manager to assign him to another project. His action most likely conforms to which Standard?

  • Option : A
  • Explanation : Brown’s actions are in line with Standard I(A) Knowledge of the Law.
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