Responsibility for Ensuring Compliance with Code | CFA Level 1 Exam

Ultimate Responsibility to Ensure Compliance with Code

Prev Question Next Question

Question

The ultimate responsibility to ensure compliance with code rests with:

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

D

While every member must always comply with the Code, Standard III (A) stipulates that ensuring compliance with the Code in an organization ultimately is the responsibility of the senior most AIMR member of the firm reporting to a non-member. He must make sure that the firm environment is sympathetic to compliance with the Code.

Prev Question Next Question