职业伦理模块 Knowledge of Law Q：Janet Green, CFA, provides investment advice and other services to clients in several countries. She resides in Country A whose securities laws and regulations are less strict than the Code and Standards. She also conducts business with clients in Country B, which has

职业伦理模块 Responsibility of Supervisors Q:Recently, Marine, CFA, was recently promoted to senior portfolio manager. Marine is required to supervise three portfolio managers in her new position. Marine asks for a copy of her firm's written supervisory policies and procedures. However, she was told

职业伦理模块 Responsibility of Supervisors Q:Miller heads the research department of a large brokerage firm. The firm has many analysts, some of whom are subject to the Code and Standards. If Miller delegates some supervisory duties, which statement best describes her responsibilities under the Code

职业伦理模块 Framework for Ethical Decision Making Q：An ethical decision-making framework will most likely: Include a pre-determined, uniform sequence. Focus exclusively on confirmable facts and relationships. Help avoid a decision that has unanticipated ethical consequences.   Solution: C Using

职业伦理模块 Loyalty Q:Charles, CFA, is a portfolio manager at ABC Asset Management. The asset management firm specializes in trading highly illiquid shares. When making transactions for ABC clients and for his own relatively small account, Charles almost exclusively uses Honey Securities Broker. However

职业伦理模块 Preservation of Confidentiality Q:Greg Stiles, CFA, keeps a list of his clients’ birthdays and has personally sent them a birthday card each year at the appropriate time. With respect to this action, which of the following may be a violation of Standard III(E) Preservation of Confidentiality

职业伦理模块 Fair Dealing Q:Adam, CFA, is the chief compliance officer at ABC Investment Limited. A new policy requiring the pro rata distribution of new security issues to all established discretionary accounts for which the new issues are appropriate was instituted by Adam. The policy also requires

   在四级考试之前，相信很多人会找一些四级的模拟题来做一做，寻找考试的感觉。其实，在考试之前做一些模拟题是很有必要的，我们可以合理安排好时间，掌握我们的时间规律，这样在考场上就能发挥自如了。下面是一些模拟题，大家可以在考前拿来试一试，找到做题的感觉。 　　Part I Listening Comprehension 　　(Omitted) 　　Part II Reading Comprehension (35 minutes) 　　Directions: There are 4 reading passages in this part. Each passage is followed

职业伦理模块 Market Manipulation Q：Ron Taylor, a CFA Level I candidate, trades cotton contracts for a small commodity broker. Taylor convinces a government cotton inspector to issue a warning that the Texas cotton crop is in danger from insect infestation. The price of cotton soars. Taylor immediately

职业伦理模块 Material Nonpublic Information Q：Lin Xuan, CFA, is a sell side investment analyst. Lin hears rumors that GR Software may have falsified its financial results while at a software industry conference. When she returns to her office, Lin conducts a thorough analysis of GR. Based on her research