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NEW QUESTION: 1
Standard V (A), Prohibition against Use of Material Nonpublic Information applies to
A. all members of the investment community.
B. recipients of information who are directly or indirectly associated with the firm the material nonpublic information is about.
C. recipients of information who are not directly or indirectly associated with the firm the material nonpublic information is about.
D. none of these answers.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Standard V (A), Prohibition against Use of Material Nonpublic Information applies to recipients of information who are not directly or indirectly associated with the firm the material nonpublic information is about. Such persons include research analysts, portfolio managers, venture capitalists, pension sponsors, investor relations executives, rating agencies, trust officers and others who make or recommend investment decisions.

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