CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

Tyson Girardet, CFA, is an equity analyst with Stein Securities. Based on his fundamental analysis, Girardet concludes that the stock of a company he follows, Skogland Inc., is substantially undervalued and will experience a large price increase. He delays revising his recommendation on the stock from "hold" to "buy" to allow his brother to buy shares at a lower price. Girardet is least likely to have violated the CFA Institute Standards of Professional Conduct related to ______.
A. Loyalty, Prudence, and Care
B. Diligence and Reasonable Basis
C. Priority of Transactions
Explanation: There is nothing to suggest that Girardet does not have a reasonable basis for his conclusion about Skogland's value.

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