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AFP CTP Exam - Topic 5 Question 26 Discussion

A treasury employee of Company XYZ is privy to financial reporting information yet to be released to the public. He knows that year-end earnings exceed last year's and would be viewed as positive to the investment community. He casually mentions to a relative that now would be a good time to buy the stock of Company XYZ. Which section of the treasury code of ethics would typically be violated by such a disclosure?
D) Confidential information
A) Employee conduct
B) External activities
C) Conflict of interest

AFP CTP Exam - Topic 5 Question 26 Discussion

Actual exam question for AFP's CTP exam
Question #: 26
Topic #: 5
[All CTP Questions]

A treasury employee of Company XYZ is privy to financial reporting information yet to be released to the public. He knows that year-end earnings exceed last year's and would be viewed as positive to the investment community. He casually mentions to a relative that now would be a good time to buy the stock of Company XYZ. Which section of the treasury code of ethics would typically be violated by such a disclosure?

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Suggested Answer: D

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