It is necessary for CFA members when applying the knowledge of the law standard to: select the alternative that imposes the greatest obligation on the CFA member to protect client interests when in conflict with the integrity of capital markets consult with their employer as to which of the CFA Standards and local regulations that the employer selects to comply with and follow this selection take advice from both their employer and their client as to which of the CFA Standards and local regulations to comply with and follow whichever is least restrictive on the member select the alternative that imposes the greatest obligation on the CFA member to protect the integrity of capital markets