Documents including spreadsheets were created by the CFA member, Stephen Browne, during the time he was an employee working for a family-operated boutique investment firm on a project undertaken in conjunction with the CFA Institute. Stephen has now accepted a new employment position in the government sector. Required: The documents he created whilst working with the investment firm upon leaving this employment:

Group of answer choices

remain the personal property of Stephen Browne

transfers to the ownership of the new government employer, consistent with specific CFA Institute requirements

remain the personal property of the boutique investment firm

transfers to the ownership of the CFA Institute in these specific circumstances

none of the options provided are correct