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Answer: Both dissociate himself from activities involving Bose and report her conduct to the fund's compliance department.
According to **Standard I(A): Knowledge of the Law**, CFA charterholders must not knowingly participate in or assist any violations of laws, rules, or regulations. In this scenario, Kope's silence during client meetings where Bose falsely claims to be a current CFA charterholder could be interpreted as assisting in the misconduct, even if Kope is not actively involved. Therefore, Kope must **dissociate himself from activities involving Bose** to avoid complicity and **report her conduct to the fund's compliance department** to address the violation. This aligns with the ethical obligation to uphold the integrity of the CFA designation and protect clients from misleading information.
Author: LeetQuiz Editorial Team
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Jordan Kope, CFA, is an analyst with a hedge fund and works closely with Deepa Bose, a former CFA charterholder who no longer pays her membership dues. Kope observes Bose falsely claiming to be a current CFA charterholder during client meetings. According to the CFA Institute Standards of Professional Conduct, Kope should:
A
Only dissociate himself from activities involving Bose.
B
Only report Bose's conduct to the fund's compliance department.
C
Both dissociate himself from activities involving Bose and report her conduct to the fund's compliance department.