Two short ethics questions investment, principles, corporate, maintain, anywhere

ASSet_MANagemen

Book 1 Page 238 #2 and #7

Members and candidates must:

a) endorse the principles of sound corporate governance
b) foster the expansion of regularity oversight
c) strive to maintain and improve the competence of other investment Professionals


Answer is C. I think all the answers are crappy, but I picked A because I felt that some of the Standards apply to good corporate governance particularly for Charterholders who are on Boards. But anyway is answer C actually listed anywhere in the Code and Standards or is it just an implied rule?




Non-public information is material if it:

a) violated client confidentiality
b) would affect the price of a security
c) has not been fully disclosed to all market particpants.

Answer is B. Why is C wrong?