Legal Knowledge Duty of CFA Charterholders

Very Easy Cfa Institute Code And Standards Professionalism - Law Knowledge

As a CFA charterholder, it is imperative to understand the legal obligations that govern professional conduct. One essential aspect of this is being knowledgeable about the laws that apply to the investment industry.

Which of the following statements best represents the duty of a CFA charterholder regarding legal knowledge?

CFA charterholders must only know the laws applicable in their home country.

CFA charterholders are expected to understand the laws and regulations applicable in all jurisdictions where they conduct business.

CFA charterholders do not need to understand laws if they have a legal team working for them.

Hint

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