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Answer: Recommending a former client as a potential donor for a local charity
**Explanation:** - **Option A** is correct because Standard III (E), Preservation of Confidentiality, mandates that members and candidates must maintain the confidentiality of information related to current, former, and prospective clients. This standard applies even if the individual or entity is no longer a client. - **Option B** is incorrect because Standard III (E) does not prohibit members and candidates from cooperating with investigations conducted by the CFA Institute Professional Conduct Program (PCP). - **Option C** is incorrect because members and candidates are allowed to disclose confidential information about prospective clients if the client explicitly permits such disclosure. This question assesses the application of ethical and professional standards, particularly the Code of Ethics and Standards of Professional Conduct, in scenarios involving confidentiality and professional integrity.
Author: LeetQuiz Editorial Team
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Which of the following actions is most likely a violation of the Standard concerning the preservation of confidentiality?
A
Recommending a former client as a potential donor for a local charity
B
Reporting client activity details to the CFA Institute Professional Conduct Program
C
Sharing confidential information about a prospective client with their explicit permission