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Under the Standards of Professional Conduct, what must a member do with material non-public information?

  1. A Not act or cause others to act on it
  2. B Share it only with close clients
  3. C Trade before it becomes public
  4. D Report it to competitors
Answer

Not act or cause others to act on it

The prohibition covers both trading and tipping, regardless of how the information was obtained.

All CFA MCQs

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