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Basic Question 1 of 3
A confidential relationship exists if ______
II. all special corporate relationships are disclosed to the client.
I. a relationship of trust exists between the client and the analyst.
II. all special corporate relationships are disclosed to the client.
User Contributed Comments 5
| User | Comment |
|---|---|
| vincenthuang | II "all" is too strong. |
| mtcfa | I think II is actually incorrect because it deals more with conflicts of interests, a different standard entirely. |
| surob | Agreed with mtcfa. |
| dblueroom | doesn't require all corporate relationship to be disclosed, because some special corporate relationships might be completely relavent to the client. |
| marianne1 | corporate relationsship doens't need to me disclosed - see dblueroon |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations;
recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.
CFA® 2026 Level II Curriculum, Volume 6, Module 44.