这道题可以具体分析下吗？

问题如下：

Which CFA Institute Code of Ethics and Standards of Professional Conduct has Tilton most likely violated?

选项：

A.Standard IV(A), Loyalty

B.Standard I(B), Independence and Objectivity

C.Both Standard IV(A), Loyalty, and Standard I(B), Independence and Objectivity

解释：

1. Incorrect. Tilton has violated Standard IV, Loyalty,. by agreeing to a mutually beneficial arrangement to provide Duffy with a daily commentary about how she is navigating the market for her clients and the firm with the idea that she will be able to join the firm at some later date and become a potential equity owner. Standards IV(A) states that in matters related to their employment, CFA Institute members and CFA candidates must act for the benefit of their employer and not deprive their employer of the advantage of their skills and abilities, divulge confidential information, or otherwise cause harm to their employer. Her agreement with Duffy conflicts with the requirements of Standard IV. She is not acting for the sole benefit of her employer, and although she has not deprived them of the advantage of her skills and abilities, she is causing them harm by giving the information she uses in making her decision to another firm.

2. Incorrect. Tilton has violated Standard I(B), Independence and Objectivity, which states that CFA Institute members and CFA candidates must not offer, solicit, or accept any gift, benefit, compensation, or consideration that reasonably could be expected to compromise their own or another’s independence and objectivity. She is offering her current employer’s proprietary commentary in the idea that she will be able to join DalTex and become an equity owner.

3. Correct. Tilton has violated both Standard IV(A), Loyalty, and Standard I(B), Independence and Objectivity. She has violated Standard IV(A), Loyalty, by agreeing to a mutually beneficial arrangement to provide Duffy with a daily commentary about how she is navigating the market for her clients and the firm with the idea that she will be able to join the firm at some later date and become a potential equity owner. Standards IV(A) states that in matters related to their employment, CFA Institute members and CFA candidates must act for the benefit of their employer and not deprive their employer of the advantage of their skills and abilities, divulge confidential information, or otherwise cause harm to their employer. Her agreement with Duffy conflicts with the requirements of Standard IV. She is not acting for the sole benefit of her employer, and although she has not deprived them of the advantage of her skills and abilities, she is causing them harm by giving the information she uses in making her decision to another firm. She is also in violation of Standard I(B), Independence and Objectivity, which states that CFA Institute members and CFA candidates must not offer, solicit, or accept any gift, benefit, compensation, or consideration that reasonably could be expected to compromise their own or another’s independence and objectivity. She is offering her current employer’s proprietary commentary in the idea that she will be able to join DalTex and become an equity owner. Tilton has most likely violated other CFA Institute Code of Ethics and Standards of Professional Conduct, including but into limited to Standard III, Duties to Clients.

• demonstrate a thorough knowledge of the CFA Institute Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations