Proper Use of Proprietary Data in Investment Records

Medium Cfa Institute Code And Standards Investment Analysis - Records

As a Chartered Financial Analyst (CFA), you are responsible for maintaining accurate investment analysis records. This includes documenting your investment recommendations, analyses performed, and data sources used. Recently, you noticed that your colleague has been using proprietary data from a third-party provider without proper acknowledgment in their records.

According to the CFA Institute's Code of Ethics and Standards of Professional Conduct, which of the following actions best embodies the ethical standards concerning the use of investment analysis records?

Acknowledge the use of proprietary data in your records without having permission from the data provider.

Ensure your investment analysis records do not incorporate proprietary data unless you obtain explicit consent from the data provider.

Use proprietary data but maintain confidentiality by not disclosing the source of the data in your records.

Hint

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