Tough Ethics Q's from Mock 2 his, all, department, supporting, standards

JPSem

1 - SC develops a quant model for sleecting mortgage bonds. SC is careful to document in writing all assumptions in the model and his reasoning for the assumptions. another firm offers campbell a position leading the startup of a mortgage bond research department. in his new positiion, Campbell creates a similar model and supporting documents. does campbell violate any CFA institute standards?
a - no
b- yes - record retention
c- yes loyaly to employer
d-yes - confidentiality
2- FB is an analyst and Van city Bank. FB receives compensation for referralls to the bank’s brokerage and personal financial planning divisions. his recent referrals are lon-time clients from his previous employer and FB does not mention VCB’s referral arrangement. Does he violate?
a-no
b-yes - suitability
c- yes - misrepresentation
d- yes - conflicts of interest

Carson

1. A - No indication the model was taken from the former employer.
2. D - When in doubt, disclose!

mar350

yeh i got the same but didnt feel overly confident with either. good.

yalo

what are the answers?

iteracom

BUMP!!!
A
D