单选题 Amato, an island nation, does not have any regulations precluding the use of non-public information. Darcy has a friend and fellow CFA charter holder there with whom he has shared nonpublic information regarding firms outside of her industry. The information concerns several firms' internal earnings and cash flow projections. The friend may:
  • A. trade on the information under the laws, which govern her behavior.
  • B. not trade on the information under CFA Institute Standards, which govern her behavior.
  • C. trade on the information under CFA Institute Standards since the firms concerned are outside of Darcy's industry.
【正确答案】 B
【答案解析】[解析] 本题主要涉及执业操守标准Ⅱ(A)(重要保密信息)的相关规定。 根据执业操守标准的要求，在相关国家法律与执业操守标准存在差异时，会员应当遵循其中较为严格的规定。显然，在本题中，执业操守标准对内部非公开信息的使用做出了更为严格的规定。因此，考虑到这位朋友是一位CFA证书持有人，他在任何情况下均应当根据执业操守标准Ⅱ(A)的规定不从事基于上述信息的交易。