Question
What is the key test for whether accepting a benefit threatens Independence and Objectivity?
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Answer
Whether a reasonable observer would question objectivity.
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Question
In multi-standard CFA ethics vignettes, how should you approach a question asking for the "most directly" violated Standard?
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Answer
Identify all violations first, then choose the primary one.
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Question
When laws in two jurisdictions conflict, what standard must a CFA member follow?
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Answer
The stricter law, rule, or regulation.
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Question
Why does issuing a recommendation without doing independent research also violate Standard V(A), not just I(B)?
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Answer
There is no adequate diligence or reasonable basis.
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