Ethical and Professional Standards Q136

136Ashwin Kaushal, CFA develops a stock screening model using several parameters, while he is employed at Reliable Investments Inc. He documents the assumptions made regarding the model and the reasoning behind using parameters such as shareholding pattern, performance of the stock relative to index, and comparing it with peers. The success of the model lands him a job as the head of research at Trust Advisors. Kaushal takes all the documents related to the model developed by him. Did Kaushal violate any Standards?

Option : B
Explanation : The documents related to the screening model are a property of Reliable Investments and not that of Kaushal’s because they were developed using the resources of the company while employed there. Refer to Standard IV(A) Loyalty.

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