【每日一练】CFA 一级（2015年）

Question：

James Simone, CFA, the chief financial officer of a publicly listed company, seeks to improve the quality of his company's communication with institutional fund managers. He holds an investor briefing with this group the evening before the company earnings are announced. The company's quarterly earnings are broadcast in a press release the next day before the market opens. The earnings information in the investor briefing is identical to that in the press release. Did Simone most likely violate the CFA Institute Standards of Professional Conduct? 
A. Yes 
B. No, because the company releases information while the market is closed 
C. No, because investor briefing and press release information are identical 

Answer = A 
Simone violated Standard II(A)–Material Nonpublic Information by giving institutional fund managers access to material nonpublic information prior to public dissemination (i.e., the press release). By releasing earnings results to a select group of institutional fund managers prior to a public press release, Simone allows the institutional fund managers a time advantage over other investors not invited to the investor briefing.

CFA Level I
"Guidance for Standards I–VII"
Standard II(A)–Material Nonpublic Information

更多精彩：

这可能是目前zui快通过CFA、FRM双证的捷径了

通过CFA一级需要花费多长时间？