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Question of the Week: Level 3 - Ethics
Roger Linstrom is a financial advisor with Perón & Co. and is well respected in his community. A local children’s charity has asked him to speak at one of their fundraisers. The director of the charity made it clear to Linstrom that, although only about 65% of the money donated goes directly to help the children, he would appreciate it if Linstrom said that the percentage is “about 90%”. If Linstrom complies with the director’s request, Linstrom will most likely have:
Question of the Week: Level 3 - Ethics 4 votes
A. violated Standard I(D) Misconduct.
B. not violated Standard I(D) because the charity work is not related to his profession as a financial advisor.
C. not violated Standard I(D) because both “about 90%” and “directly helping the children” are vague and open to interpretation.