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Question:
Abeer Dagha, CFA, has just been hired by Superior Investments after spending 20 years with Quality Investments. When Dagha begins her work with Superior Investments she wants to get in touch with her former clients because she knows them well and she is confident that they will follow her to her new firm. Dagha would most likely:
A
Not be in violation of Standard IV (A): Loyalty if she has not signed a non‐compete agreement with Quality Investments, and uses contact information that she has retained in her memory.
explanation
• Standard IV (A) does not classify knowledge of names and existence of former clients as confidential information. This information can be used to benefit a new employer just as the skills and experience acquired at the previous employer can be used to now benefit the new employer.
• Members can contact clients of their previous firm, absent a non‐compete agreement.
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