Reading 03 II standards of professional conduct guidance integrity of capital markets questions and answers

)2*+57,ÿ - /ÿ04*7+*1+3ÿ6ÿ216233567*3ÿ%67+144ÿ5ÿ615+*742/ 742,1547ÿ6ÿ%*854*3ÿ9*1:243 01234567ÿ9 ÿ6ÿ ;234ÿ.??ÿ@ÿAÿ@??BCÿDEÿF?Dÿ@ÿGDHDEHÿIJKÿLDEMÿLDN?DÿOPQORS !"TN?CÿH@@EUÿÿVDEMÿ@@UUW # $"UECÿDÿUE??CÿEÿÿDÿXYÿUEYÿÿEHEÿÿ@?UÿAÿNEUÿ@ÿD E?DHÿHEFDFÿEVW # %"HVDCÿV?DHCÿ@EVDÿDZÿAÿHF?NVÿ@ÿBÿNEHUÿDH UA?CW OTN?DD GDHDEHÿIJKÿLDEMÿLDN?DÿNEAZÿNEDUUÿADÿHEÿNEUÿEÿDE@UD??Yÿ@?DÿEDHCÿF?VÿBAÿAÿÿ V?DHÿVDEMÿNDEUNDWÿSAÿGDHDEHÿÿÿHHÿÿNEAZÿ?CVDÿEDHCÿEDCÿADÿTN?ÿH@@EUÿ VDEMÿ@@UUW [@EU 01234567ÿ\16]/ÿGÿÿ^ÿ[DHCÿ_ÿ^ÿ`aGÿIJK )23*42+ÿ9*4215*3/ bYÿQUNÿZYÿ`aG 01234567ÿ9&ÿ6ÿ ÿÿ'( cDUYÿLUQYdÿQe>dÿÿNENDECÿDÿENEÿÿfEVÿeHÿLDEWÿ>ÿNDEÿ@ÿAEÿEDEUAdÿAÿUDUÿAÿUVNDYg UEDUEdÿNN?EdÿDHÿUVNEWÿLUQYÿÿ?HÿZYÿAÿQOaÿ@ÿDÿVDhEÿNEHUÿFHEÿADÿAÿÿDZÿÿ@?ÿDÿ?DB DCDÿfEVÿeHÿLDEdÿMCÿC@UDÿHDVDCWÿLUQYÿUENEDÿAÿ@EVDÿÿAEÿEDEUAÿENEdÿBAUA NEhUÿDÿHU?ÿÿNE@DZ?Yÿ@EÿfEVÿeHÿLDEÿHÿÿAÿVNHCÿ?CDWÿ>UUEHCÿÿAÿQe>ÿÿGDHDEH @ÿRE@D?ÿQHUdÿLUQY # !"ADÿF?DHÿAÿGDHDEHÿZYÿHVDCÿU@HD?ÿ@EVDW $"ADÿF?DHÿAÿGDHDEHÿZYÿ?iCÿVDED?ÿNZ?Uÿ@EVDW # %"ADÿÿF?DHÿDYÿGDHDEHW OTN?DD >UUEHCÿÿGDHDEHÿI>KÿLDED?ÿcNZ?Uÿ@EVDdÿDÿDD?YÿVÿÿDUÿEÿUDÿAEÿÿDUÿÿVDED?ÿNZ?U @EVDWÿSAÿ@EVDÿÿVDED?ÿÿAÿUVNDYgÿ@EÿNE@DZ?YdÿDHÿÿNZ?UÿZUDÿAÿ?DBÿADÿÿY Zÿ@?HÿDHÿÿÿYÿDÿVDEÿ@ÿNZ?UÿEUEHW [@EU 01234567ÿ\16]/ÿGÿÿ^ÿ[DHCÿ_ÿ^ÿ`aGÿI>K )23*42+ÿ9*4215*3/ bYÿQUNÿZYÿ`aG 01234567ÿ9 ÿ6ÿ ÿÿ (ÿ)*+,-.ÿ*ÿ/0,ÿÿ123ÿ4*55*.ÿ-*5ÿ4ÿ4-*4ÿ6-ÿ*ÿ7*,,ÿ4775+ÿ8-9-:ÿ)*+,-ÿ404ÿ*ÿ;0-7ÿ4 *ÿ>ÿ)?*ÿ4ÿ4-ÿ-ÿ4ÿ6-:ÿ@4ÿ>ÿÿ;0-7ÿ*ÿ;64*ÿÿ*,ÿÿ47ÿ*?ÿ45.ÿA7ÿ,,ÿ> 4-+ÿ*5ÿ7,*,+ÿ4-*ÿ*ÿ+>4ÿ,;ÿÿ-;*-5ÿÿA*5*-5ÿDEFÿG*-9ÿG*4>ÿ6ÿ>ÿ6,,=;ÿ*7ÿ44-;ÿ)*+,-Hÿ*5ÿA7Hÿ454ÿ 1@((I1)J   E>ÿ)*+,-ÿ*5ÿA7ÿ*-ÿÿ0,*ÿ6ÿA*5*-5ÿDEF: ! " )*+,-ÿÿÿ0,*ÿ6ÿA*5*-5ÿDEF.ÿ8ÿA7ÿÿÿÿ0,*:  # K>-ÿ)*+,-ÿ-ÿA7ÿÿÿ0,*ÿ6ÿA*5*-5ÿDEF: I?*ÿ4*5ÿ>-ÿÿ-*5ÿÿ6*,ÿ6-7*: A7ÿÿÿÿ0,*ÿ6ÿA*5*-5ÿDEF:ÿ)>ÿA*5*-5ÿ5ÿÿ8ÿ-**4ÿ4545ÿ6-ÿ*?ÿÿ6ÿ>ÿ6,,=;ÿÿ*ÿ0,*ÿ6ÿA*5*-5ÿDEF.ÿG*-9ÿG*ÿ664ÿÿ>ÿ,+ÿ-*55ÿ4-+:  " 7