Question #25
Reading: Reading 42.4 Standards of Professional Conduct Guidance for Standards IV
PDF File: Reading 42.4 Standards of Professional Conduct Guidance for Standards IV.pdf
Page: 11
Status: Correct
Correct Answer: A
Question
Jess Green, CFA, is the research director for Castle Investment, Inc., and has supervisory responsibility over eight analysts, including three CFA charterholders. Castle has a compliance program in place. According to CFA Institute Standards of Professional Conduct, which of the following is least likely an action that Green should take to adhere to the compliance procedures involving responsibilities of supervisors? Green should:
Answer Choices:
A. incorporate a professional conduct evaluation as part of the performance review only for the three CFA charterholders
B. issue periodic reminders of the procedures to all analysts under his supervision
C. disseminate the contents of the compliance program to the eight analysts
Explanation
Green should incorporate a professional conduct evaluation as part of his review of all
eight analysts under his supervision, not just the three CFA charterholders.
(Module 42.7, LOS 42: IV(C))