QUESTIONS 1 THROUGH 18 RELATE TO ETHICAL AND PROFESSIONAL STANDARDS.

15. Rodney Rodrigues, CFA, is responsible for identifying professionals to manage specific asset

classes for his firm. In selecting external advisers or sub advisers, Rodrigues reviews the adviser’s

investment process, established code of ethics, the quality of the published return information,

and the compliance and the integrated control framework of the organization. In completing his

review, Rodrigues most likely violated the CFA Institute Standards of Professional Conduct with

regards to his due diligence on:

A. adherence to strategy.

B. performance measures.

C. internal control procedures.