CFA CFA Level 1 Logic Behind Ethics Answer

Logic Behind Ethics Answer

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    • Avatar of RoyDRoyD
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        • Undecided
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        Haha Ethics is full of confusing assumptions and questionable answers like this. That’s why no matter how hard you study Ethics you can never master it. The answer is clearly B even to me but for some reason it’s not.

      • Avatar of Eprak22Eprak22
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          • CFA Level 1
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          I think the logic is that Integrity of Capital Markets is violated as he posts on internet boards – he is trying to manipulate the market but Conflicts of interest is not violated because that’s more related to when you don’t disclose a conflicting position in holding a stock that you are recommending to clients (etc.). I think you are thinking of Misrepresentation (i.e failing to disclose his stock holdings) – but this is more when you provide investment research to actual clients over an internet website whereas this guy is just posting randomly over the internet to move the price so it’s favourable to him.  

        • Avatar of ec_testec_test
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            • CFA Charterholder
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            Oh thank you. I think I mixed Misrepresentation with Conflicts of Interest indeed. I hope I can pick on those details on the Exam Day! :smiley: 

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