CFA® Level 1 Exam: Understanding AIMR Standards

The CFA® Code and Standards: AIMR Standard Regarding Compliance with Laws

Prev Question Next Question

Question

Which of the following AIMR standards states that a member shall not knowingly participate, or assist, in any violation of applicable laws, regulations, or the Code and Standards?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

D

Standard I: Fundamental Responsibilities states: "Members shall: A. Maintain knowledge of and comply with all applicable laws, rules and regulations of any government, governmental agency, regulatory organization, licensing agency, or professional association governing the members' professional activities, and B.

Not knowingly participate or assist in any violation of such laws, rules, or regulations."