medium · CFA Level I ethics

An analyst at Westfork Bancorp discovers that a colleague’s report contains plagiarized sections from a public central bank report without attribution. The analyst brings this to the attention of their supervisor, who says, "The data is from a statistical reporting service, so no attribution is needed."

Which of the following is most correct regarding Standard I(C)?

  1. No violation occurred because the analyst reported the matter to their supervisor as required by the Code.
  2. Attribution is required because the central bank report contains conceptual analysis, not just raw data.
  3. The supervisor is correct; information from any government body is considered 'public domain' and needs no citation.

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