问一个关于 ethical 的 问题 breach

timtam

 disclosing confidential client information to the CFA Institute Professional Conduct Program. breach the duty to client?

mythralf

Although it says only on condition that the information is"illegal, receive consent, and required by law" should be disclosed, the Notes also mentions "not to prevent from cooperating with CFA PCP investigation". thus it does not breach the duty.

yidiyuehan

 agree

timtam

谢谢回复， 那在 mock morning exam 第二题， 为什么不能选A呢。  

2. According to the Standards of Practice Handbook, a member who is an investment manager is least likely to breach his duty to clients by:

A. disclosing confidential client information to the CFA Institute Professional Conduct Program.
B. using client brokerage to purchase goods or services that are used in the investment decision-making process.
C. consistently supporting management’s recommendations by voting with management on proxies related to non-routine governance issues.

sumter

 我觉得是这样：1、B项的做法比A项更符合道德要求；2、虽然说向CFA协会披露并不违反道德，但是，毕竟不太好吧。。。。

chenghao1

ls 正解。

 

问题是 least likely。

 

A. we don't have to or need to disclose all clients confidential info to the CFA, when clients are not breaking laws or commiting frauds.

 

it's always better to consult with outside counsels (eg. law agencies) before proceeding with either disclosing info to CFA or government authorities

 

whenever disclosing confidential client info is breaching duties to clients.

but under certain circumstances, we have to do this, since clients are involved in frauds, & the government requires our cooperation.

[此贴子已经被作者于2009-6-2 23:13:04编辑过]