
Explanation:
McQueen's actions did not violate the Standards because:
No noncompete agreement: She left her former employer without a noncompete agreement, so she is not contractually restricted from contacting former clients.
Use of public information: She recalled client names from memory and found them on LinkedIn, which is a public platform. She did not use confidential employer records or proprietary information.
Standard IV(A) - Loyalty to Employers: Since she didn't take or use confidential client lists or proprietary information from her former employer, she didn't violate this standard.
Standard III(E) - Preservation of Confidentiality: She didn't disclose any confidential employer information.
Standard IV(B) - Additional Compensation Arrangements: Not applicable here.
Standard VI(B) - Priority of Transactions: Not relevant to this situation.
Key takeaway: CFA professionals can contact former clients after leaving employment if they don't use confidential employer information and there are no contractual restrictions.
Ultimate access to all questions.
A
No
B
Yes, by soliciting former clients using LinkedIn
C
Yes, by failing to notify her former employer that she contacts former clients
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