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

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A portfolio manager discovers that a colleague has been manipulating performance reports to show better returns. According to Standard I(A) Knowledge of the Law, the manager should:

Report the violation to appropriate regulatory authorities Confront the colleague and demand immediate correction Seek legal counsel before taking any action Dissociate from the activity and report to supervisor

Correct Answer:

Dissociate from the activity and report to supervisor

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