更多"With respect to the CFA Institute C"的相关试题:
[单项选择]With respect to claiming compliance with the CFA Institute Code of Ethics and Standards of Professional Conduct, which of the following statements is least accurate A firm:（）
A. is encouraged to adopt the Code of Ethics and Standards of Professional Conduct as the company's code and ethics.
B. can claim compliance if its code of ethics has been verified by CFA Institute.
C. can claim compliance after ensuring its code of ethics meets the principles of the Code of Ethics and Standards of Professional Conduct.
[单项选择]The CFA Institute Professional Conduct Program is covered by the CFA Institute Bylaws and the Rules of Procedure for Proceedings related to Professional Conduct Program. The program is based on the principles of fair process to the:（）
A. member's clients and confidentiality of sanctions.
B. member and confidentiality of sanctions.
C. member and confidentiality of proceedings.
[单项选择]According to CFA Institute of Professional Conduct (the Standards), which of the following is NOT a recommendation procedure for compliance with the Standards relating to fair dealing（）
A. Limit the number of people involved.
B. Maintain a list of clients and their holdings.
C. Prolong the time frame between decision and dissemination.
[单项选择]Based on CFA Institute Standards of Professional Conduct, which of the following statements is a violation of Standard Ⅰ (C), Misrepresentation（）
A. A young trainee bond trader tells a prospective client that she can assist the client in all the client’s investment needs: equity, fixed income, and derivatives and based on her years of experience as an analyst in the business that an investment looks like it has lots of potential.
B. A trust officer recommends lengthening the average maturity of a bond portfolio because she believes long-term interest rates will decline over the next few months.
C. An investment manager recommends to a prospective client an investment in GNMA bonds because they are guaranteed by the federal government.
[单项选择]An analyst who is an CFA Institute member receives an invitation from a business associate’s firm to spend the weekend in a high-quality resort, in order to abide by the Standards, the analyst should (may):（）
A. write a memo to his supervisor notifying the supervisor of the trip.
B. do all of the actions listed here.
C. accept if it is a client whose portfolio he manages.
[单项选择]If a CFA Institute member knows that a fellow employee has violated a law, according to Standard Ⅰ (A) the member must NOT do which of the following（）
A. Report the employee violating the law to the appropriate supervisor in the firm.
B. Report the employee violating the law to the SEC.
C. Disassociate from the employee violating the law.
[单项选择]A stockbroker who is a CFA Institute member is called on the telephone by the CEO of a large company. The CEO asks to buy shares of the CEO’s company for the accounts of the CEO’s children. In the course of the conversation, the CEO says this will really pay off when the upcoming takeover goes through. The stockbroker checks her sources and finds no information about the takeover. In this ease the broker should:（）
A. only execute the order in compliance with Standard Ⅲ (A), Loyalty, Prudence, and Care. Since the client is buying the stock for the children, there is not a problem.
B. execute the order for all clients as required by Standard Ⅲ (B), Fair Dealing.
C. do none of the actions listed here.
[单项选择]When a CFA Institute member suspects a client or a colleague of planning or engaging in ongoing illegal activities, which of the statements about the actions that the member should take is most correct According to the CFA Institute Standards of Professional Conduct, the CFA Institute member should:（）
A. consult counsel to determine the legality of the activity.
B. consult counsel to determine the legality of the activity and disassociate from any illegal or unethical activity if the member has reasonable grounds to believe that the activity is illegal or unethical.
C. ignore the suspected illegal activity unless the suspected party is a CFA Institute member.
[单项选择]A money manager and member of CFA Institute is meeting with a prospect. She gives the client a list of stocks and says, "These are the winners I picked this past year for my clients. Their double-digit returns indicate the type of returns I can earn for you." The list includes stocks the manager had picked for her clients, and each stock has listed with it an accurately measured return that exceeds 10 percent. Is this a violation of Standard Ⅲ (D), Performance Presentation（ ）
A. Yes, because the manager cannot reveal historical returns of recent stock picks.
B. No, because the manager had the historical information in writing.
C. Yes, unless the positions listed constitute a complete presentation (i. e. there were no stocks omitted that did not perform in the double digits).
[单项选择]A stated objective of the CFA Institute’s Global Investment Performance Standards(GIPS) is to:（）
A. encourage investment companies to develop the Code of Ethics internally.
B. to foster the notion of industry self-regulation on a global basis.
C. foster superior investment performance among investment companies.
[单项选择]According to the Code of Ethics and Standards of Professional Conduct, which of the following is NOT among primary principles that the Rules of Procedure for Proceedings Related to Professional Conduct are based on（）
A. Confidentiality of proceedings.
B. Fair process to the member and candidate.
C. Confidentiality of disciplinary sanctions.
[单项选择]A CFA Institute member is a U. S. citizen living and working in a foreign country. That country has no laws against insider trading. Based on this information, the CFA Institute member may:（）
A. not trade using insider information based upon the CFA Institute Standards.
B. not trade using insider information based upon the rules of the SEC.
C. trade using insider information as long as it is not with a client with laws against insider trading.
[单项选择]
Wesley Whitcomb, CFA, participated as a CFA examination grader in 2012. Prior to participating in grading CFA examinations, Whitcomb was required to sign a CFA Institute Grader Agreement drafted by CFA Institute stating that graders are not to reveal or discuss the exam materials with anyone except CFA Institute staff and other graders. Several weeks after the conclusion of the CFA exam grading, Whitcomb returns to his office and is having dinner with several colleagues some of who are the Level Ⅲ candidates in the CFA Program. One of the candidates mentions that he is very disappointed about his examination this time and afraid of failing for the exam because he unintentionally made a calculation mistake when answering the first essay question of investment policy statement. Whitcomb responds by telling the candidate that he was a grader for the 2012 examination and that it would be unfortunate if the candidate did give wrong answer to that question because most candidates scored
A. A
B. B
C. C
[单项选择]Neil Barton, CFA, and Nancy Roberts, CFA, began a joint research report on Stamp Corporation. Nancy spent several days visiting Stamp’s corporate headquarters and meeting with all company officers. Prior to the completion of the report, Nancy was reassigned to another project. Nell utilized his and Nancy’s research to write the report. According to the CFA Institute Standards of practice Handbook, did Nell violate any CFA Institute Standards of Professional Conduct（）
A. No.
B. Yes, with respect to misrepresentation.
C. Yes, with respect to independence and objectivity.
[填空题]Ethics and Mission Statements
Correct As business emerged from the profit-oriented 1980s, values and social
on responsibilities were being emphasized on in corporate mission statements.
34 Because Greed was out, and ethics were in. Businesses and their employees
35 became actively engaged in less activities that contributed to their communities.
36 To spell out their goals, companies were increasingly developed codes of ethics.
37 Mission statements that were written because they required consensus and
38 commitment. Not everyone who, however, agreed with the trend toward the
39 strong social stances of some public corporations. Respected economist Milton
40 Friedman contended, "Many Few trends could so thoroughly undermine the very
41 foundation of our free society as the acceptance by corporate officials of a social
42 responsibility other than to make as much more money for their stockholders as
43 possible." The CEO of Levi Strauss & C
