Anusree Singhania, a CFA candidate, is an asset manager employed by a fund
management company managing very large segregated pension funds. In her spare
time outside of working hours, Singhania likes to provide management consulting
services to small companies to help grow their businesses, focusing on strategic
planning. Singhania is paid for the consulting services and has also provided her
employer information about these outside activities. Does Singhania most likely violate the CFA Code of Ethics with regard to Duties to Employers?
A. No.
B. Yes, with regard to Loyalty.
C. Yes, with regard to Additional Compensation Arrangements.
Is the answer option A?
Yes but what is the reason that you have thought in your mind?
I thought that since she is doing this in her spare time and outside her working hours and her employer knows about her activities and additional compensation arrangement, she has most likely not violated the standard.
Okay. But in the explanation it is written that management consulting does not create any conflict with the employer as the activity is non-competitive and unrelated. I thought that written consent should be there but I guess that’s what it means in the question implicitly.