giorgio10

GarrettL wrote:
I understand that the real answer is C, but personally, I would say A.
By not allowing her client to do the trade, she is actually acting on material nonpublic information herself. By allowing the trade at the request of her client, she is not acting on the information.
From my understanding, you only act on material non public information when you make profit or cause others to make profit using such information at the expense of other market participants.  
I  think the logic here could be reprhased thus:  Should a member knowningly participate in illegal activities or activities that violate provisions of the code of ethics in order to satisfy her client’s request?
In my opinion, choosing A will set a bad precedence with serious consequences.  It means CFA members and candidates are free to trade with material non public information so long as they have a client to shift the blame on.