Ethical and Professional Standards Q34

34Which of the following statements is most accurate according to the Standards of Practice Handbook? Members and Candidates:

A
who possess nonmaterial nonpublic information that could affect the value of an investment must not act or cause others to act on the information.
B
who possess material nonpublic information that could affect the value of an investment must not act or cause others to act on the information.
C
who possess nonmaterial public information that could affect the value of an investment must not act or cause others to act on the information.

Option : B
Explanation : Refer to Standard II(A) Material Nonpublic Information.

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