CFA Level I Ethics Application question

Ethics Application sample question

Choose an answer before revealing the explanation, key takeaway, and answer-choice review.

Ethical and Professional Standards

Ethics Application

Competing for a large institutional prospect, adviser Selin Aydin makes a two-part pitch. First, she presents returns from her three best-performing accounts, describing them as 'typical results.' Second, she hands the prospect a reference sheet listing five current clients' names, account sizes, and investment strategies, none of whom she asked for permission. The prospect later calls two of the listed clients. Aydin's distribution of the reference sheet most directly implicates which Standard?