CFA Practice Question

CFA Practice Question

Elena Peters, a CFA charterholder, makes a presentation to a large pension fund. The pension fund is significantly larger than other clients of Peters' firm and will generate greater revenues. Peters omits informing the pension fund, that as a CFA charterholder she is required to deal fairly and objectively with all clients (including those much smaller than the pension fund) when providing investment analysis, making investment recommendations, taking investment action, or engaging in other professional activities. According to the Standards Peters has:
A. committed a violation related to fair dealing.
B. committed a violation related to disclosure of conflicts.
C. committed no violation.
Explanation: Charterholders are not required to disclose to their clients the responsibilities of charterholders.

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