Explanation:
According to Standard III(D), Performance Presentation, if a member or candidate provides a brief performance summary, they must make detailed supporting information available upon request. Joy's practice of offering detailed information when requested adheres to this standard and does not constitute a violation. Additionally, this practice does not violate Standard III(B), Fair Dealing, which requires fair and objective treatment of all clients in investment activities. Therefore, the correct answer is A.
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Amy Joy, CFA, an employee at Park Lane Investments Ltd. (PIL), provides prospective clients with a concise investment performance summary and offers detailed supporting information upon request. Does Joy's approach violate any CFA Institute Standards?
A
No, as providing detailed information upon request complies with Standard III(D), Performance Presentation.
B
Yes, as it violates Standard III(B), Fair Dealing.
C
Yes, as it violates Standard III(D), Performance Presentation.
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