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Question of the Week - Ethical and Professional Standards
Allen Young, CFA, owns a 3% shareholder position in Valenti Graphics. Allen purchased a large number of Valenti call options in an attempt to increase the share price. Allen also started a false rumor online that Unitel is considering buying out Valenti Graphics. Allen is most likely in violation of CFA Institute Standard:
Question of the Week - Ethical and Professional Standards 36 votes
By purchasing the options
Both by purchasing the options and by spreading the rumor