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1.)Sue Kim, CFA, a U.S. citizen, works as an analyst for a subsidiary of a U.S. investment firm on a small island that attracts offshore

1.)Sue Kim, CFA, a U.S. citizen, works as an analyst for a subsidiary of a U.S. investment firm on a small island that attracts offshore investment accounts. Local securities laws allow insider trading.While having dinner with the CEO of a local company, Kim learns the firm is in negotiations to be acquired for a significant premium. Would Kim most likely comply with the CFA Institute Code and Standards if she purchased the company's shares for her client accounts?

A.Yes, if she receives permission from compliance department

B.No

C.Yes, local laws allow insider trading

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