Question：
According to the CFA Institute Code of Ethics and Standards of Professional Conduct, trading on material nonpublic information is least likely to be prevented by establishing:
A. personal trading limitations.
B. selective disclosure.
C. firewalls.
Answer = B
Selective disclosure occurs when companies discriminate in making material nonpublic information public. Corporations that disclose information on a limited basis create the potential for insider-trading violations. See Standard II(A).
CFA Level I
"Guidance for Standards I-VII," CFA Institute
Standard II(A)
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权威名师倾情打造，助力通过金融第一考 |
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权威名师倾情打造，助力通过金融第一考 |
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双语教学，助力提升金融专业英语水平 |
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