Responsibilities to Employers: Disclosure and Transparency

Jordan is a senior financial analyst at a leading investment management firm. The firm has a policy that requires all employees to obtain prior approval for any external activities, such as speaking engagements, writing publications, or serving on external boards, to ensure there is no conflict of interest with the firm’s business. Recently, Jordan was invited to speak at a prominent finance conference, which could enhance his professional reputation and provide personal networking opportunities.

Despite seeking prior approval, Jordan did not disclose the exact details of the compensation involved for speaking at the conference, which is a requirement under the firm’s policy. After receiving approval, he subsequently agreed to participate without fully adhering to the disclosure requirements. Following the event, the compliance department raised concerns about potential conflicts and whether Jordan acted in accordance with the ethical standards expected of him, particularly regarding his responsibilities to his employer.

Given this scenario, which of the following actions taken by Jordan would most appropriately align with the CFA Institute's Code of Ethics and Standards of Professional Conduct?