CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

Jose is an independent contractor who writes research reports for several investment publications. He refuses to sign contracts with exclusivity clauses. Jose sometimes revises work he submits to one publication and sends slightly altered versions of the report to additional publications. Does Jose violate any CFA Institute Standards?
A. No
B. Yes, with respect to Loyalty.
C. Yes, with respect to Disclosure of Conflicts.
Explanation: A member's duties within an independent contractor relationship are governed by the oral or written agreement between the member and the client. Members should take care to define clearly the scope of the responsibilities and the expectations of each client within the context of each relationship. Members have a duty to abide by the terms of the agreement.

User Contributed Comments 2

User Comment
xemex131 So its ok to be an independent contractor and give BUY rating to a stock for which I have a significant position in my portfolio?
xemex131 I mean without disclosing the fact..
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