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Reading 1- LOS A - Q27

27Which of the following is NOT part of the CFA Institute Code of Ethics. Members of CFA Institute will:

A)   recommend investments that maximize returns for a given level of risk.

B)   use reasonable care and exercise independent professional judgment.

C)   strive to maintain and improve their competence and the competence of others in the profession.

D)   practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their profession.

The correct answer was A)

Standard of Professional Conduct III(C), not the Code of Ethics, requires that investments be appropriate and suitable.

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