NO.PZ2024022002000056
问题如下:
Working as an analyst at an independent firm, Jacob Marley, CFA, does not handle client assets. During his review of Azure Mines, Marley comes across unconfirmed reports that the CEO of Azure Mines, Johnathan Greer, has been diagnosed with an advanced stage of a neurological disorder, not known to the public. This condition often results in the loss of environmental interaction, speech, and movement control. Greer, a driving force behind Azure Mines' growth, has transformed it into a key player in the sector. In line with the CFA Institute's Ethical and Professional Standards, what should Marley's most appropriate course of action be?选项:
A.Issue an immediate sell directive for Azure Mines.
B.Validate Greer's medical status before releasing his analysis.
C.Urge the management of Azure Mines to publicize Greer's health condition.
解释:
Option C is correct as Marley should seek to ensure public dissemination of significant, nonpublic information, adhering to Standard II(A) - Material Nonpublic Information. This typically involves prompting the issuer to disclose such information. If Greer's diagnosis is accurate and not just a rumor, it constitutes material information that ought to be disclosed. Option A is incorrect because acting on material nonpublic information directly violates Standard II(A). Option B is also incorrect, as it suggests the potential use of insider information for public recommendations, breaching the same standard.CEO的健康状况是需要公开的,但是analyst有义务去urge高管公开吗,不说ethics说公司治理analyst也没有这层汇报或沟通通道吧