CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

Based on Standard III (E) Preservation of Confidentiality, the financial analyst must preserve the confidentiality of information received from a client if two criteria are met. First, the financial analyst must be in a relationship of trust with the client. Second, ______
A. the information the analyst receives must be relevant to the client's business that is the subject of the special or confidential relationship.
B. the ultimate test of any situation is whether full disclosure would indicate that the interest of the customer, client, or employer, rather than that of the financial analyst, has been best served.
C. the information could reasonably be expected to impair the analyst's ability to render unbiased and objective advice.

User Contributed Comments 2

User Comment
devendra As per Standard IV on preservation of confedentiality is applicable, the financial analyst must be in relationship of trust with the client & the information recd. from the client must be related to his business that is subject to the special & confidential relationship. Whether the information was material or not & if it was public or not does not make a differnce
robertucla this is a funky question
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