Bill Valley has been working for Advisors, Inc., for several years, and he just joined CFA Institute. Valley routinely writes research reports on Pharmaceutical firms. Valley has recently been asked to serve on the board of directors of an organization that promotes the search for a cure of a certain cancer. Serving on the board is an unpaid position without any direct benefits other than meeting new people and potential clients. To comply with Standard VI, Disclosure of Conflicts, Valley needs to: A) both disclose the position on the board to his supervisor and discuss his activities on the board. B) do nothing. C) only disclose the position on the board to his supervisor.
A) both disclose the position on the board to his supervisor and discuss his activities on the board.
B) do nothing.
C
c?
Answer is A.