A
Acadi
Fi
Courses
Knowledge Hub
Community
Practice
Pricing
About
Search
⌘K
Question Bank
/
CFA
/
Level I
/
Ethical and Professional Standards
Ethical and Professional Standards
Medium
Devesh, a portfolio manager, creates a new investment strategy. He allocates the first available shares to his largest institutional client rather than distributing proportionally across all eligible client accounts. Devesh has most likely violated:
A
Standard III(B) Fair Dealing
B
Standard III(A) Loyalty, Prudence, and Care
C
Standard VI(A) Disclosure of Conflicts
D
Standard V(A) Diligence and Reasonable Basis
Select an answer to continue
Tags
#standard-iii
#fair-dealing
#trade-allocation
#preferential-treatment
More Ethical and Professional Standards questions
Start full Level I quiz
CFA Level I — Ethical and Professional Standards Practice Question | AcadiFi | AcadiFi