Responsibilities to Employers: Compliance Officer Conduct

Medium Professional Standards Application Responsibilities To Employers

As a compliance officer at a structured investment firm, you notice that a senior portfolio manager has consistently used outdated performance metrics in client reports. Despite reminders from you, the manager continues this practice, impacting the firm's reputation. You believe it is your duty to escalate this issue. What is the most appropriate action for you to take in accordance with your responsibilities to your employer?

Discuss the issue with the portfolio manager again and suggest improvements without escalating the matter.

Document your observations and report the issue to your supervisor, as it could lead to compliance and ethical concerns.

Prepare a public complaint about the portfolio manager's practices and file it with the regulatory body.

Hint

Submitted10.5K

Correct10.2K

% Correct98%