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CFA Level 1
Ethical and Professional Standards

Application of Integrity - Nonpublic Information

Medium Cfa Institute Code And Standards Integrity - Nonpublic Info

Amanda, a CFA charterholder, works as a portfolio manager at a well-known investment firm. During a client meeting, she learns that a public company plans to release its quarterly earnings report the following week, which is expected to significantly exceed analysts' forecasts. Amanda knows that her firm holds shares in this company and sees an opportunity to communicate this information to her team to adjust their investment strategy.

As Amanda considers her options, she recalls the CFA Institute Code of Ethics and Standards of Professional Conduct, particularly focusing on the integrity of nonpublic information. What should Amanda do in this situation?

Hint

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% Correct92%