2. Miranda Grafton, CFA, purchased a large block of stock on behalf of specific accounts she managed. The stock realized a significant gain in value before the close of business, so Grafton reviewed her accounts again to determine where the block shares should be allocated. According to the Standards of Practice Handbook, Grafton's most appropriate action is to allocate the shares to:
Select exactly 1 answers from the following: A. all underperforming accounts she manages. B. all accounts for which she has discretionary authority. C. only those accounts for which the block shares were originally intended. D. only those underperforming accounts for which she has discretionary authority.
答案和详解如下！
Feedback: Correct answer: C
Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp. 62-63, 65, 67-68 2006 Level I Program Readings, uidance?for Standards I-VII, Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp. 45, 47, 48-49 2006 Modular Level I, Vol. I, pp. 51, 53, 54-55 Study Session 1 demonstrate a thorough knowledge of the Standards of Professional Conduct by recognizing and applying the standards to specific situations
Members have a responsibility to deal with all clients fairly. The shares should be allocated to those accounts for which the shares were originally intended, regardless of the profitability of the trade. | 
发表于 2006-11-21 11:19
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