Standard VI(B) Priority of Transactions establishes that:

A Personal trades come first

B Client transactions take priority over member transactions

C Employer trades come first

D All transactions are equal

✓ Correct Answer: Option B

Client and employer transactions must take priority over personal transactions to avoid conflicts of interest.

💡 Why is B) the correct answer?

The correct answer to the question "Standard VI(B) Priority of Transactions establishes that:" is Option B: Client transactions take priority over member transactions.

The other options — A) Personal trades come first, C) Employer trades come first, D) All transactions are equal — are incorrect for this CFA Exam Prep question. As explained above: Client and employer transactions must take priority over personal transactions to avoid conflicts of interest.

📚 About This CFA Exam Prep Practice Question

This 2-level CFA Exam Prep question from the Ethical & Professional Standards topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free CFA Exam Prep practice test or use flashcards for spaced repetition review.

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Standard VI(B) Priority of Transactions establishes that:

✓ Correct Answer: Option B

📚 About This CFA Exam Prep Practice Question

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