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Adira Badawi, CFA, who owns a research andconsulting company, is an independent board member of a leading cementmanufacturer in a small local market. Because of Badawi's expertise in thecement industry, a foreign cement manufacturer looking to enter the localmarket has hired him to undertake a feasibility study. Under what circumstancescan Badawi most likely undertake the assignment without violating the CFAInstitute Code of Ethics and Standards of Professional Conduct?

A.He makes full disclosure to both companies

B.He signs confidentiality agreements with bothcompanies

C.He receives written permission from the localcompany

【答案】A


【解析】

Making full and fair disclosure of all matters that could reasonablybe expected to impair one's independence and objectivity or interfere withrespective duties to one's clients is required by Standard Vl(A)-Disclosure ofConflicts.

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