CFA Level III Practice Questions - CFA Level III Chartered Financial Analyst Exam

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A portfolio manager receives material nonpublic information about a company from a reliable source. According to Standard II(A) Material Nonpublic Information, the manager should:

Immediately trade on the information before it becomes public Disclose the information to the firm's compliance department Make reasonable efforts to achieve public dissemination of the information Share the information only with the firm's largest clients

Correct Answer:

Disclose the information to the firm's compliance department

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