Ethical and Professional Standards Q85

0. Romana Zahoor works for a local brokerage firm and is a CFA candidate. She plans to issue a buy recommendation for the stock of Basics. Before issuing the recommendation, she buys the stock for herself through her sister‟s account. Zahoor most likely violates the Standard of:

Answer
Comment
Array

Option : A
Explanation : Zahoor has violated Standard VI(B) Priority of Transactions by taking advantage of her knowledge of the stock and buying it for herself rather than her client.

Forgot your password?

I agree with the Terms.