CFA Level I sample question

CFA Level I Guidance for Standards I–VII question

Ethical and Professional Standards / Guidance for Standards I–VII

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Guidance for Standards I–VII sample question

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Ethical and Professional Standards

Guidance for Standards I–VII

Pavel Novak, an adviser at a bank-owned brokerage, earns a 40% higher payout when clients purchase the bank's proprietary funds than when they purchase comparable third-party funds. The proprietary funds are suitable for many of his clients. Under Standard VI(A) Avoid or Disclose Conflicts, Novak most appropriately should:

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