ethics — CFA Level I Practice Questions

95 free CFA Level I questions on ethics: 41 easy, 36 medium, and 18 hard, every one exam-realistic and fully explained once you sign in. This is the fastest way to turn ethics from a weakness into a scoring area — drill it in 10-question reps with immediate feedback.

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1. If she sells the stock for her personal account before the report is public, she has:
2. Vesper Foods Investment Management has a policy to notify all clients of a 'Sell' rating via a central web por
3. A trader at Vesper Foods learns from an internal IT error that the firm's quarterly revenue is 20% higher than
4. An advisor at Oakridge Capital is managing an account for hi… — The advisor should treat this account:
5. The trader should:
6. Which professional control is mandated for CFA candidates when using AI outputs?
7. According to Standard VI(B) Priority of Transactions, which statement best describes Julian's conduct?
8. Under Standard VI(B) Priority of Transactions, the manager should:
9. An investment committee at Vesper Foods decides to add Oakri… — Does this satisfy Standard VI(B)?
10. Is the trader in compliance with Standard VI(B)?
11. According to Standard VI(B):
12. A research analyst at Vesper Foods is preparing a downgrade for Helion Rail from 'Buy' to 'Sell.' While the re
13. To comply with Standard I(B): Independence and Objectivity, the charterholder must:
14. A candidate mentions in a LinkedIn post that she 'Passed Level II of the CFA exam on the first attempt, demons
15. Under the 2027 CFA Level I standards, a candidate who tells their study group 'the ethics portion of my exam y
16. Standard II(A) Material Nonpublic Information prohibits trading on information that is both material and nonpu
17. During a job interview at Oakridge Capital, a candidate is asked to describe the most difficult question from
18. The supervisor has most likely violated:
19. Sable Payments invites an analyst to a factory tour and offe… — This is most likely:
20. Under Standard I(B), which of the following is most likely to be a 'lavish' gift from an issuer?
21. To comply with Standard I(B), the firm must:
22. Kestrel Grid's portfolio manager executes several trades bet… — This is best described as:
23. Redhook Ports offers a seat on its charity board to an analyst who covers the company. The position is unpaid
24. The analyst must:
25. Under Standard I(B), the analyst:
26. According to Standard I(B), the analyst:
27. If a member at Northline Timber executes a trade that moves the price of a stock, but they did so purely for t
28. According to the Standard, the advisor's primary duty of suitability is owed to which party?
29. If a CFA charterholder is in a jurisdiction with no laws against insider trading, they:
30. An analyst at Kestrel Grid assembles a 'sell' recommendation… — This is known as: