Back with a stupid Ethics question

Greg Stiles, CFA, may withhold from CFA Institute information about a client acquired in the regular performance of his duties: A) only if Stiles is a relative of the client. B) for none of the reasons listed. C) only if Stiles has a special confidentiality agreement with the client. D) if Stiles either has special confidentiality agreement with the client or the client is a relative. Your answer: C was incorrect. The correct answer was B) for none of the reasons listed. According to Standard III(E), Preservation of Confidentiality, Stiles may not withhold information under any of the listed reasons. The reason is that CFA Institute will keep the information confidential. But hey, it’s the CFA way.

I would have chosen B for this. Looks good to me.

B - never withold anything from CFAI. its the hard and fast rule for the exam.

They (CFAI) own us now and will own us forever I guess.

Yea, I forgot that the CFA gets to do whatever they want. Silly me.

When in doubt with ethics guess the most strict and give all power to CFAI. :slight_smile:

B