Explanation:
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.
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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.