CFA Practice Question

There are 361 practice questions for this study session.

In the reading, one action may be considered ethical but may not be legal in certain jurisdictions. It is ______.

A. whistleblowing
B. insider trading
C. strictly following disclosure requirements
Correct Answer: A

Some ethical behavior may be illegal.

User Contributed Comments 3

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jstid40

I don't understand this question. Nothing in the question describes what would be considered whistleblowing. If the general idea is that "Some ethical behavior may be illegal", I get that, but the answer being "Whistleblowing" does not make sense to me.

jgarduno01

Referencing Reading 1, page 18, second to last paragraph: "Another area in which ethics and laws may conflict is the area of 'whistleblowing.'"

walterli

ex. Snowden