CFA Level 1 Mock Exam B: Morning 79 questions and answers

According to the CFA Institute Code of Ethics and Standards of Professional Conduct, trading on material nonpublic information is least likely to be prevented by establishing: - ANSWER Selective Disclosure After a firm presents a minimum required number of years of GIPS-compliant performance, the firm must present an additional year of performance each year, building up to a minimum of: - ANSWER 10 years of GIPS-compliant performance After a firm presents a minimum of five years of GIPS-compliant performance, the firm must present an additional year of performance each year, building up to a minimum of 10 years of GIPS-compliant performance. Disclosure of confidential CFA exam information will most likely be detected by the Professional Conduct staff through: - ANSWER monitoring online and social media Which of the following is *least* likely part of the CFA Institute Standards of Professional Conduct, Standard V(B)-Communication with Clients and Prospective Clients? Members and candidates must: - ANSWER make reasonable efforts to ensure that when communicating investment performance information it is fair, accurate, and complete.