职业伦理模块 Referral Fees Q:If a CFA charterholder receives a referral fee, he must: disclose the nature of the fee arrangement to the client before entering into a formal agreement. consult with the firm's compliance officer, and follow his or her instructions concerning disclosure. disclose the fee

职业伦理模块 Fair Dealing Q:Shirly, CFA, is an equity analyst at an investment banking division of Molly Financial Group, a full service financial group. A multifactor computer model was used by Shirly to make stock recommendations for all clients of Mollya. However, Shirly discovered that the model

职业伦理模块 Priority of Transaction Q:An analyst routinely has the opportunity to offer his clients the opportunity to purchase “hot new issues.” He tells his clients that he will distribute each issue equally among those interested, with himself included in the distribution. The clients do not object

职业伦理模块 Fair Dealing Q：Smith, a research analyst with a brokerage firm, decides to change his recommendation for the common stock of Green Company, Inc., from a “buy” to a “sell”. He mails this change in investment advice to all the firm’s clients on Wednesday. The day after the mailing, a client

职业伦理模块 Misconduct Q：Anne, CFA, was required to sign an employment contract, including a non-compete clause restricting her from working for a competitor for three years after leaving the employer. After one year, Anne quits her job for a comparable position with an investment bank in a country

职业伦理模块 Loyalty, Prudence and Care Q :Jason, CFA, is the head of the trading desk at a large investment management firm that specializes in domestic equities. He notices that clients give discretion to the manager to select brokers on the basis of their overall services to the management firm when

职业伦理模块 Material Nonpublic Information Q：An investment banking department of a brokerage firm often receives material nonpublic information that could have considerable value if used in advising the firm’s brokerage clients. In order to conform to the Code and Standards, which one of the following

职业伦理模块 Record Retention Q:Ethyl Redd recently joined Bloomington Investments as a research analyst. After spending an afternoon looking through the research team’s archives, Redd is not sure Bloomington maintains the records that support the team’s analysis and recommendations for the minimum

职业伦理模块 Communication with Clients and Prospect Clients Q:Roger Halpert, CFA, prepares a company research report in which he recommends a strong "buy." He has been careful to ensure that his report complies with the CFA Institute Standard on research reports. According to CFA Institute Standards

职业伦理模块 Misconduct Q：A CFA Candidate purchased copyrighted CFA exam preparatory study guide from a publisher. The Candidate lost the study guide several weeks prior to the exam. He did not purchase it again; instead, he photocopied a copy that his friend had purchased. According to the Standards