According to CFA Institute Standards of Professional Conduct, which of the
following statements about material nonpublic information is NOT correct?
Information is:
A)
material if reasonable investors would want to know the information before
making an investment decision.
B)
nonpublic until it has been disseminated to the marketplace in general.
C)
nonpublic until it has been disseminated to a select group of investors.
Standard II(A), Material Nonpublic Information,
states that information is “nonpublic” until it has been disseminated to the
marketplace in general as opposed to a select group of investors.
