Independence Violation Question

Very Easy Cfa Institute Code And Standards Professionalism - Independence

According to the CFA Institute Code of Ethics and Standards of Professional Conduct, members and candidates must maintain independence and objectivity in their professional activities. This means avoiding conflicts of interest and ensuring that their investment decisions are not influenced by external relationships. Which of the following actions would most likely violate the principle of independence?

Accepting a straightforward commission from a client for referring them to a specific investment fund.

Conducting thorough research on potential investments without favors or influences.

Serving on the board of directors of a company while also providing investment recommendations related to that company.

Hint

Submitted10.8K

Correct9.3K

% Correct86%