Linda Chin, CFA, is a member of a political group advocating less governmental regulation in all aspects of life. She works in a country where local securities laws are minimal and insider trading isnot prohibited. Chin's politics are reflected in her investment strategy, where she follows hercountry's mandatory legal and regulatory requirements. Which of the following actions by Chin wouldbe most consistent with the CFA Institute Standards of Professional Conduct?
Standard I(A): Knowledge of the Law requires members and candidates to comply with the morestrict law, rules, or regulations and follow the highest requirement, which in this case would be the CFA Institute Standards of Professional Conduct. Standard II(A): Material Nonpublic Information would also apply because members and candidates who possess material nonpublic information that could affect the value of an investment must not act or cause others to act on the information. Disclosure that she meets local mandatory legal requirements--versus the more strict law, rules, or regulations mandate of the Standards of Professional Conduct--would not excuse the member from following the Standards of Professional Conduct.