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

职业伦理模块 Diligence and Reasonable Basis Q:A model expert developed a model. The historical data gathered by him shows unilateral bull market, that is, only upward trend. If he made investment suggestions based on these historical data, is he in violation of the Code and Standards? No. Yes, because he

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 Misrepresentation Q：Tracy recommends the purchase of a mutual fund that invests solely in long-term U.S. Treasury bonds by making the following statements: Statement 1: "The default risk of the bonds is virtually zero as the payment of the bonds is guaranteed by the U.S. government.

职业伦理模块 Reasons for Adopting Ethics Q：Which is an example of an activity that may be legal but that CFA Institute considers unethical? Making legally required disclosures in marketing materials Trading while in possession of material nonpublic information Disclosure by an employee of his or her own

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 Independence and Objectivity Q：Jasmine, CFA, as a deputy treasurer for Monster College, manages the ABC Student Scholarship Trust. A request for proposal (RFP) for domestic equity managers is issued by Jasmine. Paul, CFA, a good friend of Jasmine, introduces him to representatives from ABC

职业伦理模块 Explain Ethics and Professionalism Q：Specialized knowledge and skills, a commitment to serve others, and a shared code of ethics best characterize a(n): Vocation Profession Occupation   Solution: B A profession has several characteristics that distinguish it from an occupation or vocation

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 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