Janet Green, CFA, provides investment advice and other services to clients in several countries. ...
Janet Green, CFA, provides investment advice and other services to clients in several countries. She resides in Country A whose securities laws and regulations are less strict than the Code and Standards. She also conducts business with clients in Country B, which has no securities laws or regulations, and in Country C, which has securities laws and regulations that are stricter than the Code and Standards. Which of the following statements is CORRECT? According to CFA Institute Standards of Professional Conduct, Green must adhere to the Code and Standards in: A. Country A but the law in Country B and Country C. B. Country A, Country B, and Country C. C. Country A and Country B but the law in Country C.
Homework Answers
C. Country A and Country B but the law in Country C.
Green needs to abide by Standard I(A) -- Knowledge of the law.
In Country A, she must adhere to Code and Standards as Country A’s laws are less strict.
In Country B, she must adhere to Code and Standards as Country B
has no securities laws.
As Country C’s law is more strict than requirements of Code &
Standards, she must adhere to laws of Country C.
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Janet Green, CFA, provides investment advice and other services to clients in several countries. ...
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