Register
21:00
Stop
CFA Level 2 - Economics - Economic Growth
Intermediate
1/21
Under the CFA Institute Code of Ethics and Standards of Professional Conduct, which of the following is the most appropriate course of action for a CFA charterholder who discovers that a client has provided misleading information in an investment policy statement?
a.
Report the client's provision of misleading information to the appropriate regulatory authorities for potential legal action against the client.
b.
Continue managing the client's portfolio based on the existing investment policy statement since it has already been approved by the client.
c.
Discuss the discrepancy with the client and update the investment policy statement accordingly to reflect accurate information.
Intermediate