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Buta Singh, CFA, has a large extended family and manages the portfolios of several family members. Singh does not charge the family members a management

Buta Singh, CFA, has a large extended family and manages the portfolios of several family members. Singh does not charge the family members a management fee, but receives a small percentage of each portfolios profits. Singh accepts a position as portfolio manager for Bhotmange Investments to manage high net worth accounts. Because the family portfolios are not customary or normal client relationships, Singh does not inform his new employer of his side activity. Singh is least likely to have violated which CFA Institute Standard of Professional Conduct? A. Loyalty. B. Preservation of Confidentiality. C. Additional Compensation Agreements.

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