Detailed Answer
Answer (C) is correct. The first requirement of the Code of Ethics is that members and candidates integrity, competence, diligence, respect, and in an ethical manner with clients, prospective clients, employers, employees, colleagues in the investment profession, and other participants in the global capital markets.” Knowing laws and regulations is required by Standard 1(A) Knowledge of the Law. VII(A) Conduct as Members and Candidates in the CFA Program requires candidates not to compromise the integrity of CFA Institute.