發(fā)布時(shí)間：2015-10-16 14:30 來(lái)源：高頓網(wǎng)校 我要發(fā)言 [字號(hào)：大 中 小]
| 正文 |
6.Marilyn Walters，CFA，supervises a large group of research analysts. Walters has delegated some of her supervisory responsibilities to her assistant， Amy Brooks，who is a CFA candidate. In carrying out her responsibilities， Brooks has discovered that the firm‘s compliance system is inadequate and that Walters is not very supportive of Brooks’s efforts to correct the situation. According to CFA Institute Standards of Professional Conduct， Brooks should：
A. resign because her firm is not in compliance with the CFA Institute Standards，leaving her open to legal action.
B. decline in writing to accept supervisory responsibilities until a reasonable compliance system is adopted.
C. take no action because her efforts to correct the situation have satisfied her obligation under CFA Institute Standards.
7. Jarrett Rogers，CFA，is a registered investment adviser and a principal for Macrovest Broker-Dealer. Rogers is the head of the firm‘s investment program and recommends certain investment advisers in the program to high net worth individuals looking for separately managed discretionary accounts. Investment advisers in the program pay Macrovest a portion of their investment management fees to participate in the program， some of which is paid to Rogers as compensation for client referrals. When a client inquires with Rogers about criteria for including managers in the Macrovest program， Rogers indicates that managers are selected based only on historical investment performance versus a universe of comparable peer investment managers， but he does not mention fees paid by investment advisers to be included in the program. Which of the following CFA Institute Standards of Professional Conduct has Rogers violated？
A. Standard VI(C) Referral Fees.
B. Standard I(C) Misrepresentation.
C. Standard III(B) Fair Dealing.
8. Ken Toma， a CFA charterholder and securities analyst for the leisure services industry， has just completed an extensive review of the demand for beach vacations in Hawaii and concluded that the demand will far exceed the supply for the foreseeable future. Toma writes a research report stating， “Based on the fact that the demand for Hawaiian beach vacations will exceed the supply of rooms for the foreseeable future， I recommend the purchase of shares of the Hawaiian Fund， a diversified portfolio of Hawaiian beachfront resorts.” If Toma presents this report to his clients， he will have violated the CFA Institute Standards：
A. because he did not distinguish between fact and opinion.
B. by failing to have a reasonable and adequate basis for his recommendation.
C. because he did not consider the suitability of the investment for his clients.
9. Derek Stevens， CFA， manages the pension plan assets of Colors， Inc. When voting proxies on plan equities， Stevens owes a fiduciary duty to：
A. the plan trustees who hired him.
B. the plan participants and beneficiaries.
C. the managers， stockholders， and bondholders of Colors， Inc. equally
10. Dawn Shields， CFA， decides to change her recommendation on TelSky from “buy” to “sell.” In the morning， she mails the revision to all her clients with a known interest in TelSky. That afternoon， one of these clients calls in an order to buy 15，000 shares of TelSky. According to Standard III(B) Fair Dealing， Shields：
A. must accept the order without mentioning the change because the Standard requires her to
inform all clients of the change in recommendation simultaneously.
B. should advise her customer of the change in her recommendation before accepting the order.
C. must not accept the order until the customer has had time to receive and read the new report.
|
| 導(dǎo)航大圖 | |
| 責(zé)任編輯 | |
| 導(dǎo)語(yǔ) | |
| 大標(biāo)題 | |
| 標(biāo)題一 | |
| 標(biāo)題二 | |
| 標(biāo)題三 | |
| 標(biāo)題四 |
相關(guān)熱點(diǎn)：
上一篇：上一篇：C?F?A?特許金融分析師一?級(jí)試題(一)
下一篇：下一篇：?C?F?A?特許金融分析師二?級(jí)試題(一)
公司簡(jiǎn)介|聯(lián)系我們|誠(chéng)聘英才|合作專(zhuān)區(qū)|建議與投訴|資質(zhì)證明
Copyright (C) 高頓網(wǎng)校 2006—2020, All Rights Reserved 滬ICP備14038153號(hào)-1
