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Question:
Are Chavez's activities consistent with CFA Institute Standards?
A
The activism and subsequent arrests are not a violation, but Chavez must disclose the Board position to her employer.
explanation
Although Chavez was arrested, Standard I Misconduct is not intended to cover acts of "civil disobedience." Standard IV(A) Loyalty, Chavez has a duty of loyalty to her employer. While she will not be compensated for the Greensleeves' Board position, the duties may be time-consuming and should be discussed with her employer in advance.
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