A financial advisor discovers that a junior analyst in their team has inadvertently shared a client’s confidential information with a third party. According to the CFA Institute's Standards of Professional Conduct, what should the financial advisor do first?

Which of the following best describes a requirement for firms to comply with GIPS standards?

A portfolio manager receives a gift from a client valued at $200 after achieving substantial returns for the client’s portfolio. According to the CFA Institute Standards, how should the portfolio manager handle this situation?

An analyst at a financial firm receives a non-public tip about an upcoming merger from a friend who works at the target company. According to the CFA Institute Standards of Professional Conduct, how should the analyst proceed?