When handling a conflict of interest, a CFA member should:

A Hide the conflict

B Disclose the conflict fully and fairly to all affected parties

C Ignore it if its small

D Only tell their supervisor

✓ Correct Answer: Option B

Full disclosure of conflicts of interest is required to maintain trust and transparency.

💡 Why is B) the correct answer?

The correct answer to the question "When handling a conflict of interest, a CFA member should:" is Option B: Disclose the conflict fully and fairly to all affected parties.

The other options — A) Hide the conflict, C) Ignore it if its small, D) Only tell their supervisor — are incorrect for this CFA Exam Prep question. As explained above: Full disclosure of conflicts of interest is required to maintain trust and transparency.

📚 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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When handling a conflict of interest, a CFA member should:

✓ Correct Answer: Option B

📚 About This CFA Exam Prep Practice Question

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