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Question:

According to the CFA Institute Standards of Professional Conduct, which of the following must least likely be disclosed to clients?

A Additional compensation earned by the member from tutoring candidates for the CFA exams in her spare time
Explaination

• According to Standard VI (A): Disclosure of Conflicts, members and candidates must make full and fair disclosure of all matters that could reasonably be expected to impair their independence and objectivity or interfere with their respective duties to their clients, prospective clients, and their employer.
• The scenario states that the member tutors CFA candidates during her spare time, which is unlikely to interfere with her duties to her clients. She should, however, keep her employer informed.