easy · CFA Level I ethics

A member at Redhook Ports manages a pension plan for a company whose management is attempting to resist a hostile takeover. The management asks the member to vote proxies against the takeover. The member should:

  1. Vote in the best interest of the plan beneficiaries
  2. Vote against the takeover as requested by the hiring management
  3. Follow the member firm’s internal policy of always supporting management

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