hard · CFA Level I ethics
Jessica, a Level III candidate at Quill & Ash, prepares a marketing brochure for Nadir Components' upcoming IPO. The brochure includes a "Consensus Growth" section that Jessica copied verbatim from a competitor’s blog without permission or attribution, believing it to be "general industry knowledge." She also includes a statement that "Quill & Ash’s proprietary algorithms have never had a losing quarter," which is based on back-tested, simulated data that is not labeled as such. By copying the competitor's blog verbatim, Jessica has violated:
- Standard VII(A) Conduct as Participants in CFA Institute Programs.
- Standard I(C) Misrepresentation regarding plagiarism.
- Standard IV(C) Responsibilities of Supervisors.
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