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Ethics & Fraudeasy18% of exam

Casey notices a compliance issue tied to conflicts of interest and Conflicts of Interest. What is the best next step?

Correct Answer

B) Transfer the file if objectivity is compromised

conflicts must be disclosed, managed, and kept free of referral compensation or steering incentives. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Transfer the file if objectivity is compromised".

Answer Options
A
Treat the requirement as satisfied by experience rather than the rule that governs the file.
B
Transfer the file if objectivity is compromised
C
Apply the rule only after a regulator requests the file.
D
Treat the compliance requirement as optional because closing is near.

Why This Is the Correct Answer

conflicts must be disclosed, managed, and kept free of referral compensation or steering incentives. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Transfer the file if objectivity is compromised".

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