medium · CFA Level I ethics
A junior analyst at Northline Timber is tasked with recreating a complex valuation model. He remembers the logic and variables from a model he built at a previous firm. Recreating the model from scratch using this memory is:
- Permissible, as general knowledge and skills travel with the analyst.
- Only permissible if the analyst receives permission from his former firm.
- A violation of Standard IV(A) regarding misappropriation of intellectual property.
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