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CFA Level 1
Ethical and Professional Standards

Market Manipulation Ethics Question

Very Easy Cfa Institute Code And Standards Integrity - Market Manipulation

An investment analyst is preparing to issue a report on a company that is undervalued. To enhance the price of the company’s stock before the report release, the analyst places numerous buy orders at the current market price. This action is aimed at creating artificial demand for the stock, thereby influencing its market price upwards.

According to the CFA Institute Code of Ethics and Standards of Professional Conduct, is this behavior considered ethical?

Hint

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