Ethics Q

Walter Johnson, CFA, is a senior portfolio manager and member of the investment committee at Capital Investments. Johnson serves as a board member for several non-profit organizations. These commitments require eight workdays per month of Johnson’s time. Because he does not receive any form of compensation for these activities, Johnson does not tell anyone at work about his board activities. Does Johnson violate any CFA Institute Standards? A. No. B. Yes, with respect to conflict of interest. C. Yes, with respect to additional compensation. D. Yes, with respect to responsibilities of supervisors.


I like B.