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Question of the Week - Ethical and Professional Standards
Henry Williamson, CFA, is also a Fellow of the Society of Actuaries (SOA). Henry is required to abide by the SOA's Code of Conduct as a fellow. Part of that Code of Conduct is as follows:
PRECEPT 4. An Actuary who issues an Actuarial Communication shall take appropriate steps to ensure that the Actuarial Communication is clear and appropriate to the circumstances and its intended audience and satisfies applicable standards of practice.
If Henry issues actuarial communications that do not adhere to the actuarial standards of practice, what Standard would Henry most directly violate?
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Question of the Week - Ethical and Professional Standards 48 votes
Loyalty, Prudence, and Care
Communication with Clients and Prospective Clients