题目详情
单选题 Darden Crux, CFA, a portfolio manager at SWIFT Asset Management Ltd. (SWIFT), calls a friend to join him for dinner. The friend, a financial analyst at Cyber Kinetics (CK) declines the invitation and explains she is performing due diligence on Orca Electronics, a company CK is about to acquire. After the phone call, Crux searches the Internet for any news of the acquisition but finds nothing. Upon verifying that Orca is on SWIFT's approved stock list, Crux purchases Orca's common stock and call options for selective SWIFT clients. Two weeks later, CK announces its intention to acquire Orca. The next day, Crux sells all of the Orca securities, giving the fund a profit of $3 million. What action should Crux most likely take to avoid violating any CFA Institute Standards of Professional Conduct
A. Refuse to trade based on the information
B. Purchase the stock and call options for all clients
C. Trade only after analyzing the stock diligently and thoroughly

学科:职业道德与操守
时间:2026-03-30 15:07:05
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