Supervisory Responsibilities of CFA Members

Very Easy Cfa Institute Code And Standards Employer Duties - Supervision

Under the CFA Institute Code of Ethics and Standards of Professional Conduct, members and candidates are required to be diligent in their supervisory responsibilities within their firms. This means ensuring that employees are adequately overseen and that their activities comply with relevant regulations and ethical standards.

Which of the following best describes a member's responsibility regarding supervision of subordinate employees?

Members are only required to supervise employees if they are directly involved in making investment decisions.

Members must implement a supervisory system that evaluates the performance of those under their supervision.

Members do not have to supervise employees if they are highly experienced or certified.

Hint

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