NO.PZ2024022002000222
问题如下：
Which action below most directly breaches the guidelines concerning the use of material nonpublic information?选项：
A.Purchasing call options based on confidential earnings forecasts shared by the CEO. B.Acquiring shares in an oil company following a discussion with an industry expert predicting price increases due to geopolitical tensions. C.Both of the above actions.解释：
Option A is unequivocally correct. The principle outlined in Standard II(A) mandates the avoidance of any investment decisions predicated on nonpublic, material information. The act of buying derivatives with insider knowledge about upcoming earnings significantly violates this ethical boundary. However, making an investment after consulting with an industry expert, whose insights are publicly accessible and pertain to general market conditions, does not infringe upon the Standard.“whose insights are publicly accessible and pertain to general market conditions”，这个Public题干中并没有