Ethical and Professional Standards Q122

0. Lunu Mbasa is an independent analyst who writes a popular financial blog on stock selection. He is hired by an investor relations firm to publish a research report on FKart, an online lifestyle firm, on his blog. Mbasa will be paid a fixed fee plus a monthly voucher that can be redeemed on the site if any investor buys the stock based on his report. There is no disclaimer about the arrangement in his blog post. This arrangement is least likely a violation of:

  • Option : C
  • Explanation : Refer Standard I(B) Independence and Objectivity and VI(A) Disclosure of Conflicts.
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