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Basic Question 5 of 7
Ed Yang submits a written request to his employer for permission to do a consulting project for another firm. The work would be done on weekends. After waiting for 3 months for a reply but not receiving one, Yang begins work on the consulting project. Has Yang violated the Standards?
B. No.
C. Yes.
A. No, if the consulting work is not for a competitor of his employer.
B. No.
C. Yes.
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Learning Outcome Statements
evaluate practices, policies, and conduct relative to the CFA Institute Code of Ethics and Standards of Professional Conduct;
explain how the practices, policies, and conduct do or do not violate the CFA Institute Code of Ethics and Standards of Professional Conduct.
CFA® 2025 Level II Curriculum, Volume 6, Module 45.