Why do CFA Ethics questions feel different from just reading the Standards?
I can read Ethics and feel like I understand it, but then the questions still feel slippery. Is there a better way to attack the vignette?
Yes. Treat each Ethics question as an application problem, not a reading-comprehension recall problem.
Start with the facts. Identify the tested actor, the duty, and the action required. Then read the answer choices for the one that matches the duty without overcorrecting.
For example, if a manager gives a recommendation to high-fee clients first, the issue is not whether the recommendation is profitable. The issue is fair dealing. If an analyst repeats a private contract rumor before public release, the issue is not whether the analyst is diligent. The issue may be material nonpublic information.
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