What action is deemed acceptable in managing family interests, according to CFA standards?

Ensuring transparency with an employer regarding family ties is considered an acceptable action in managing family interests according to CFA standards. This approach aligns with the principles of integrity and transparency that are central to ethical conduct in the finance profession. By being open about family connections, a professional can avoid potential conflicts of interest and maintain trust with their employer and clients.

Transparency is vital in fostering a culture of ethical behavior, as it allows for appropriate measures to be put in place to manage any conflicts that may arise. When family members are involved in investments or other financial transactions, disclosing these relationships helps prevent any appearance of impropriety and reinforces the commitment to act in the best interest of clients and the organization.

In contrast, the other options would not be compliant with the CFA standards as they suggest a lack of transparency or integrity, which could lead to conflicts of interest and erode trust in the profession.