Question #4
Reading: Reading 42.6 Standards of Professional Conduct Guidance for Standards VI
PDF File: Reading 42.6 Standards of Professional Conduct Guidance for Standards VI.pdf
Page: 2
Status: Unattempted
Question
Arthur Harrow, CFA, is a pharmaceuticals analyst at Dominion Asset Management. His supervisor directs him to prepare separate research reports on Miracle Drug Company and Wonder Drug Company. Harrow serves on the board of Miracle and owns shares of Wonder. According to the Standards of Professional Conduct, which of the following actions is Harrow required to take when he writes the research reports?
Answer Choices:
A. Harrow must disclose both his relationship with Miracle and his ownership of shares in Wonder
B. Harrow must disclose his relationship with Miracle but not his ownership of shares in Wonder
C. Harrow must disclose his ownership of shares in Wonder but not his relationship with Miracle
No explanation available for this question.