David Martin's past performance at Landmark Investments is being presented by Arc Financial, is this compliant according to CFA Institute Standard?

Prepare for the Kaplan Ethics Test. Practice with comprehensive quizzes, flashcards, and multiple-choice questions. Each question includes insights and explanations. Gear up and succeed on your exam!

The focus of the question is on how past performance can be presented in compliance with the CFA Institute Standards. The correct answer states that the representation of David Martin's past performance accurately reflects his contributions, which is essential for compliance.

Under CFA Institute standards, performance reports must be honest and not misleading. Presenting past performance in a manner that accurately attributes contributions to the individual ensures transparency and integrity in the reporting process. This means that as long as Arc Financial accurately represents Martin's performance and contributions without exaggerating or misrepresening the facts, it adheres to the principles of fair representation and full disclosure, which are crucial tenets of the CFA standards.

The answer emphasizes the importance of accuracy in reporting past performance while ensuring it is reflective of Martin's actual role and achievements, thereby remaining compliant with ethical standards in investment reporting.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy