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Answer: disassociate from the activity.
## Explanation Under CFA Institute Standard I(A): Knowledge of the Law, members must comply with applicable laws and regulations. When faced with unethical activities within their firm, members have an obligation to disassociate from the unethical activity. **Key points:** - Jonas has already attempted to report the issue to his supervisor, who was unable to investigate - Continuing to work with the colleague on the unethical activity would violate the Standards - Disassociation is the appropriate action when internal reporting fails - Jonas should not continue working on the project if it involves unethical conduct - Notifying CFA Institute (Option B) is not the immediate required action in this scenario Therefore, Jonas must disassociate from the activity to comply with the Standards.
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Peter Jonas, CFA, works as an analyst on an investment team. Jonas accepts an assignment to collaborate with a colleague to publish an investment recommendation for distribution to clients. During this collaboration, Jonas observes an unethical activity by his colleague. Jonas contacts his supervisor to report the matter but the supervisor says she is unable to investigate due to a lack of firm resources.
To comply with the Standards, Jonas must:
A
disassociate from the activity.
B
notify CFA Institute of his colleague's activity.
C
continue to work with the colleague to avoid delays in distributing the recommendation to clients.