Question

According to the CFA Institute Standards, what should Bronson do in response to Murdock's request for comprehensive financial information about the fund?

1) Provide Murdock with the comprehensive financial information immediately
2) Contact the trustees to obtain permission before providing the information
3) Decline Murdock's request and inform him that he must contact the trustees directly
4) Ask Murdock to provide written permission from the trustees before providing the information

Answer 1

According to the CFA Institute Standards, Bronson should contact the trustees to obtain permission before providing comprehensive financial information about the fund to Murdock.

Step-by-step explanation:

According to the CFA Institute Standards, Bronson should contact the trustees to obtain permission before providing comprehensive financial information about the fund to Murdock. The CFA Institute Standards emphasize the importance of maintaining confidentiality and protecting client information. By contacting the trustees, Bronson ensures that he is following ethical guidelines and protecting the interests of the fund and its stakeholders.