A
Acadi
Fi
Courses
Knowledge Hub
Community
Practice
Pricing
About
Search
⌘K
Question Bank
/
CFA
/
Level II
/
Ethics
Ethics
Easy
Marcus Webb, CFA, receives material nonpublic information about a client company's upcoming earnings shortfall during a routine portfolio review meeting. According to CFA Institute Standard II(A), Marcus should most appropriately:
A
Refrain from trading on the information and encourage the company to make public disclosure
B
Immediately sell the client's holdings before the information becomes public
C
Share the information with his firm's research department for further analysis
D
Place the securities on a restricted list and short sell through a personal account
Select an answer to continue
Tags
#ethics
#material-nonpublic-information
#insider-trading
#standard-ii
More Ethics questions
Start full Level II quiz