medium · CFA Level I ethics
An analyst at Nadir Components is reviewing a competitor's proprietary survey of industrial buyers. The analyst knows the survey's sample size is too small to be statistically significant, but she uses its optimistic findings to justify an upgrade of Nadir stock. She discloses the source of the survey but not its small sample size.
Which Standard is the analyst most likely violating?
- Standard III(E) Preservation of Confidentiality.
- Standard VII(A) Conduct as Participants in CFA Institute Programs.
- Standard V(A) Diligence and Reasonable Basis.
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