Ralph Salley, a Level I candidate in the CFA Program, is explaining Standard VI（B） Priority of Transactions, to his supervisor. Salley states, "The Standard recommends, but does not require, that
A. correct.
B. incorrect,because the Standard does not recommend that trades for family members be made after those for other clients.
C. incorrect,because the Standard requires that members and candidates not participate in initial public offerings.
查看答案
A member or candidate who has supervisory responsibility:
A. Should place particular emphasis on enforcing investment-related compliance policies.
B. Is responsible for instructing those to whom he has delegated authority about methods to detect and prevent violations of the law and the Code and Standards.
C. Has complied with the Standards if she reports employee violations to upper management and provides a written warning to the employee to cease such activities.
Sally Albright, CFA, works full time for Frank & Company, an investment management firm, as a fixed income security analyst. Albright has been asked by a business contact at KDG Enterprises to acc
Accept the work as long as she obtains consent to all the terms of the engagement from Frank & Company.
B. Not accept the work as it violates the Code and Standards by creating a conflict of interest.
C. Accept the work as long as she obtains written consent from KDG and does it on her own time.
Neiman Investment Co. receives brokerage business from Pick Asset Management in exchange for referring prospective clients to Pick. Pick advises clients--in writing, at the time the relationship is es
A. Complied with the Code and Standards.
B. Violated the Code and Standards by failing to preserve the confidentiality of the agreement with Neiman.
C. Violated the Code and Standards by participating in an agreement that creates a conflict of interest.
Josef Karloff, CFA, acts as liaison between Pinnacle Financial （an investment management firm） and Summit Inc．（an investment banking boutique specializing in penny stocks）．When Summit underwrites an I
A. Fair dealing
B. Nonpublic information
C. misconduct
微信支付 
支付宝支付