Maintaining Ethical Standards in the Global Investment Profession

Members pursuing the investment profession outside of the U.S.

Prev Question Next Question

Question

Members pursuing the investment profession outside of the U.S. ________ the Code and Standards when local regulations are less stringent in order to maintain a level playing field.

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

D

The concept of fiduciary duty is not exclusive to the United States. AIMR members are expected to follow any fiduciary duties imposed on them by their country or province, in addition to being governed by the Codes and Standards. As always, the primary concern must be to follow principles of discretion, loyalty and care and to act in the client's best interest.

Prev Question Next Question