Ethics and Professional Standards

CFA Level 1 · 10 questions

ethics1 / 10

Question 1Easy

A portfolio manager receives material nonpublic information about a company acquisition. What action must the manager take?

A.Immediately trade on the information before it becomes publicB.Disclose the information to select clients onlyC.Abstain from trading and maintain confidentialityD.Trade gradually to minimize detection

Select an answer and check it