CFA考试资料答案R02.3 Standards II(A) and II(B) - Answers.pdf
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Question #1 of 40 Question ID: 1212297
Which of the following statements regarding Standard II(A), Material, Nonpublic Information, is least
accurate?
A) Material, non-public information regarding a tender o er may not be traded on.
B) Information received from an insider who is not breaching his duciary responsibility may be
traded on.
C) If you receive the information in a public forum, it has been disseminated, and you can trade
on it.
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3
2
1
Explanation q
i
If the information is material and nonpublic, the Member or Candidate cannot trade or cause others to s
trade. It does not matter if the insider did not breach his duciary responsibility. The inside information u
is still material and nonpublic. m
:
t
(Study Session 1, Module 2.3, LOS 2: II(A))
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