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Basic Question 5 of 7
Ed Yang submits a written request to his employer for permission to do a consulting project for another firm. The work would be done on weekends. After waiting for 3 months for a reply but not receiving one, Yang begins work on the consulting project. Has Yang violated the Standards?
B. No.
C. Yes.
A. No, if the consulting work is not for a competitor of his employer.
B. No.
C. Yes.
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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
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.