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It is a violation of both Standard I(A) and I(C).
Why is this a violation of Standard I (A)?
- Because misrepresentation is a violation of CFAI Standards of Professional Conduct. Knowing participating in the violation will constitute a violation of I(A).
The book never says that Washington did not violate I(C). The purpose of the case study is to show an example of I(A) violation, not I(C). That's probably why it doesn't elaborate on the I(C) breach. |
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