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William Wong, CFA, is an equity analyst with Hayswick Securities, Based on his fundamental analysis, Wong concludes that the stock of a company he follows, Nolvec Inc., is substantially undervalued and will experience a large price increase. He delays revising his recommendation on the stock from "hold" to "buy" to .allow his brother to buy shares at a lower price. According to the Standards of practice Handbook, Wong is least likely to have violated the CFA Institute Standards of professional Conduct that relate to: Select exactly 1 answer(s) from the following: duty to clients.
reasonable basis. . priority of transactions. priority of transactions. priority of transactions. |
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