Hi,
a quick (stupid) question about page 88 of CFAI book: it states that “if applicable law requires members and candidates to maintain confidentiality, even if the information concerns illegal activities on the part of the client”. However, I thought confidentiality can be overruled when info concerns illagal activities on the part of the client (main text), so applicable law has supremacy?
Thanks作者: zbird2134 时间: 2013-5-3 05:52
Note how it doesn’t say “you can’t tell the FBI anything about the client if your client does something illegal.”
If the FBI comes knocking on your door asking about a client’s activities, you have to tell them.
However, if you know a client is doing something illegal, i do not think you are responsible to tell the authorities.
Good luck.
