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Basic Question 6 of 6

Alex White develops a software algorithm for his employer DDF Associates. After two years White leaves DDF's employment to begin new job. Before leaving Alex copies the software algorithm he had developed, and later uses it in his new job. White has also gained considerable expertise in DDF's Value Focused Active Alpha stock picking strategy (though he does not describe the strategy to clients by this name). He applies that strategy at his new job. White has violated the Standards for loyalty to employers by:

A. copying the software algorithm and by applying the Value Focused Active Alpha in his new job.
B. copying the software algorithm.
C. applying the Value Focused Active Alpha in his new job.

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

evaluate practices, policies, and conduct relative to the CFA Institute Code of Ethics and Standards of Professional Conduct;

explain how the practices, policies, and conduct do or do not violate the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA® 2025 Level II Curriculum, Volume 6, Module 45.