Fani Warraich MANAGEMENT SCIENCES   -   Ethical & Professional Standards & Responsibilities

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?

While accepting reasonable gifts is generally permitted, it must be disclosed to the employer to ensure transparency and avoid conflicts of interest.
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? Which of the following best describes a requirement for firms to comply with GIPS standards? 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?