In the Pareto Principle, a vital few control a high percentage of the wealth.  True  False

The following information assumes that the CFA Institute Code of Ethics and Standards are applicable.   Maria has recently joined the LLT group. Today a client approaches Maria for some investment advices on how to accumulate his personal wealth. Lenora, who is Maria’s supervisor, just walks past and overhears their conversation. Lenora asks Maria to convince the client to invest in a private equity fund. Maria has a different thought and believes the private equity fund could be too risky for the client. However, she wants to receive a good evaluation from the supervisor and hence she recommends the client to invest in the private equity fund for a good return. You are required to establish what is unethical and which Standard is most likely violated.

Aria sells life insurance policies door-to-door. She enjoys the challenge of interacting with different people and trying to convince them to buy from her. She likes knowing right away whether she was successful at selling (or not). She doesn't necessarily feel appreciated by management, nor does she understand how her work fits into the big picture of what the company does. Aria is compensated with a generous monthly salary and also gets individual bonuses based on how many insurance policies she sells. However, there is a maximum amount of bonus money that salespeople can receive each day, and she usually achieves this each day before noon. In fact, recently she has started to feel that she is very successful with older people, but not with younger people, and she hasn't learned any new strategies for selling to younger people. Each day she is assigned by a dispatcher to a particular neighborhood. She trusts that salespeople are being assigned fairly, but she often feels frustrated…

Why is it important that some information be made available to everyone through public records?