A CFA Institute member would violate the standard for material nonpublic information by:
- conducting price distortion practices.
- inappropriately causing others to act.
- inadequately maintaining investment records.
B is correct. isn’t option C is also wrong???
All three options are examples of unethical practices but options A and C relate to some other standard of the CFA standard of ethics. Here, we are asked to select the case that most closely relates to the violation of material nonpublic information standard. Option B suits this the most: inappropriately causing others to act on a material nonpublic information. Option C is more likely a violation of the record retention standard.