CFA 2018 quest bank questions reading 03 i standards of professional conduct guidance professionalism

&2'(57)ÿ"*+,ÿ-4'7('.(3ÿ6ÿ/.6233567'0ÿ67(114ÿ2ÿ315('712, /.6233567'0534 01234567ÿ9 ÿ6ÿ 5234ÿ+6,ÿ7 "" $7 ÿÿ 89:9ÿ;ÿ9ÿ;ÿV:JIÿ;JKÿJIJÿIJINJLÿWXÿ9Jÿ=9ÿN:Y=KZ P>ÿ[ÿNJWLÿÿ\]KÿVIJ\ÿ=9ÿI:;:ÿJ;J:Z :ÿLNNÿ9=>ÿ9ÿ:JJÿ>]JKÿWLÿX,-7? !;-ÿ3/ÿ5ÿ2/,ÿ4ÿ1/+/ÿ2ÿ4ÿ22/ÿÿ5Hÿÿ-54+Hÿ-ÿ-/H +,ÿ//9 "!/2ÿ4ÿ+-ÿ2ÿ4ÿ-5-ÿÿ2/,ÿ-ÿ2/,ÿ4ÿ--67Jÿ2/ÿ4ÿ,167/9 #!.ÿ;4ÿ2ÿ4ÿ-5ÿ6.ÿ4/9 K;ÿ*.+/7ÿ=/+5ÿ1/-ÿ-ÿ225ÿÿ=-ÿG/-55Bÿ34/ÿÿ,--Hÿ1/26ÿ2/ÿÿ56ÿ;-.ÿÿ4ÿ: =-9ÿL4ÿ2/,ÿ-6ÿ,--ÿ-ÿ225ÿÿL07Bÿ34/ÿÿ,167ÿ=-,ÿMBÿFG*ÿ34ÿ/-/54ÿN-1-ÿ509ÿ*55/.H ÿ4ÿFG*ÿÿ=-.-/.ÿ2ÿO/2-6ÿF.5BÿMÿÿ/I/.ÿÿ,--ÿ036.Hÿ2ÿ-.ÿ5,167ÿ34ÿ-66ÿ-1165-;6 6-3Bÿ/6Bÿ-.ÿ/H6-ÿ !;4ÿ4ÿ:9=9ÿ-.ÿN-1-ÿ-.ÿ4ÿFG*ÿÿ=-.-/.ÿ2ÿO/2-6ÿF.59 "!;4ÿ4ÿ:9=9ÿ-.ÿN-1-Bÿ;ÿÿ4ÿFG*ÿÿ=-.-/.ÿ2ÿO/2-6ÿF.59 #!N-1-Bÿ;ÿÿ4ÿ:9=9Bÿ-.ÿ4ÿFG*ÿÿ=-.-/.ÿ2ÿO/2-6ÿF.59 P454ÿ2ÿ4ÿ2663Hÿ-5ÿQRSTÿVWXYVZÿ+6-ÿ=-.-/.ÿ>?ÿ[5.5@ !*ÿ,,;/ÿ1/ÿ-ÿ,167,ÿ11/7ÿ34ÿ-ÿ5,1Hÿ2/,Bÿ1/,-/67ÿ-ÿ,-ÿ2ÿ5/Hÿ-ÿ-6-/7ÿ5/-ÿ2/,ÿ4/ÿ5//ÿ,167/9 "!*ÿM+6ÿÿ5-..-ÿ;,ÿ-ÿ/Iÿÿ4/ÿ,167/ÿ2/ÿ-ÿ/-+6ÿ/,;/, Hÿ26-.ÿ,6-Hÿ-6 #!*ÿ--67ÿÿ-//.ÿ2/ÿ/1-Hÿ346ÿ1-/51-Hÿÿ-ÿ-D-;/ÿ1/9 01234567ÿ9 ÿ6ÿ ÿÿ 01234567ÿ9 $ÿ6ÿ ÿÿ% 01234567ÿ9 ÿ6ÿ ÿÿ 01234567ÿ9 &ÿ6ÿ ÿÿ 'ÿ(()*ÿ*ÿ+,--,ÿ./ÿ0+ÿ/,ÿ,ÿ+11,2ÿÿ31,2ÿ/ÿ1,.ÿ/1-ÿ4567ÿ,00*0*,18 !+1ÿ./ÿ/ÿ+(0,8ÿ+1ÿÿ-*(ÿ9ÿÿ9,+ÿ,ÿ1,.ÿÿ)2ÿ31,-: "!*0*ÿ/ÿ112,1ÿ,+38ÿÿ;,-,*-ÿJK@LAÿ;((+,ÿ./ÿ;1ÿ,-ÿ=*0+3ÿ;1: "!ÿ31,ÿ9ÿ>,-,*-ÿK@Lÿ-0-+ÿ,-ÿM)N+38: #!+ÿ./ÿ/ÿ;-ÿ9ÿO/+ÿ,-ÿ>,-,*-ÿ9ÿ=*9,1ÿ;-+: 'ÿ;,-,*-: "!,ÿ3**,+:ÿ>*ÿ(,,2(Rÿ,+2ÿ9ÿ/ÿ,+ÿ,)13ÿQ+.11ÿ9*( /ÿ*-,*8ÿ*0)18ÿ,ÿ,ÿ;?=@A !*0*ÿ94*6.-0ÿ*/*6ÿÿ+4:ÿ3+:,ÿÿ-ÿ/4ÿ/,ÿ4-ÿ2ÿ.0 */4-4*-ÿ40ÿ:.9:ÿÿ5-6ÿÿ/ÿ73ÿ0-,; "!346ÿ*:4-ÿ/4ÿ0/ÿ+-4:ÿ9/47-ÿ-2:*ÿ+-:,ÿÿ/ÿ+-2; #!-1-ÿ3+:,ÿÿ5-ÿ+-4:ÿ/*ÿ43; E4ÿB:ÿÿ0ÿ+/ÿ3+0ÿ41/102ÿ*0ÿ.-3ÿ41A3ÿ430ÿ 1B13ÿ*+0-ÿÿ*0AÿÿN8ÿ.*+*ÿ*0ÿÿ+1ÿ-0.ÿ1ÿ1/-08ÿ