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CFA Level 2
Ethical and Professional Standards

Investment Banking Relationships and Research Objectivity

Medium Research Objectivity Standards Investment Banking Relationships

John is a research analyst at Stellar Investments, a firm that also provides investment banking services. Recently, his team was assigned to cover a technology company, Tech Innovations, that is considering an initial public offering (IPO) through Stellar. John's research reports highlight the strong potential of Tech Innovations, coinciding with Stellar's efforts to secure the IPO mandate.

In evaluating whether John's activities fall within the ethical standards set by the CFA Institute, consider the implications of his company's investment banking relationship with Tech Innovations. Which of the following actions by John would most likely violate the Research Objectivity Standards?

Hint

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