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Chartered Financial Analyst Level 2

Chartered Financial Analyst Level 2

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14. Julian Johnson, CFA, receives an inquiry from the country's securities regulator about one of his clients, Samantha Smith, who is suspected of illegal market activities. Johnson shares all requested information about Smith with the securities regulator. The next day, Johnson receives a call from Smith asking not to disclose any information if Johnson gets contacted by anyone. Later that same day, Johnson receives a call from the local tax authority, which is investigating Smith for tax fraud. Johnson sends the requested information to the tax authority. Has Johnson violated the Standard relating to preservation of confidentiality?

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