CFA I Mock Question countries, providing, companies, his

SWASH

Jean-Luc Schlumberger, CFA, is an independent research analyst providing equity research on companies listed on exchanges in emerging markets. He often incorporates statistical data he obtained from the web sites of the World Bank and the Central Banks of the various countries into the body of his research reports. While not indicated within the reports, whenever his clients ask where he gets his information he informs them the information is in the public domain, so he doesn’t keep his own records. When the clients ask for the specific web site addresses he provides the information. Which Standard has Schlumberger most likely violated?
A. Misconduct.
B. Record Retention.
C. Misrepresentation.


why is the answer...










C?? I tought the Central banks and the World Bank would be considered public domain....

RobertA

Gotta state the source regardless....

dcfox83

I thought the exception was public financial data, if it was from a recognized reporting service

ramdabom

Don't post questions from the CfA mocks . You can get into serious trouble for this, it's a copyright violation!



Edited 1 time(s). Last edit at Thursday, November 25, 2010 at 08:05PM by sdada.

shootingstar

I am sorry didnt know will delete the post....

Dont know how to delete the post.....

PLEASE DELETE POST



Edited 2 time(s). Last edit at Thursday, November 25, 2010 at 08:11PM by JCM.