level 1 mock 12, 14 题 research, internet, because, released, anything

水滴石穿

12  Justin Blake, CFA, a retired portfolio manager, owns 20,000 shares of a small public company that he would like to sell because he is worried about the company's prospects. He posts messages on several internet bulletin boards. The messages read, "This stock is going up once the pending patents are released, so now is the time to buy. The stock is a buy at anything below $3. I have done some close research on these guys." According to the Standards of Practice Handbook, Blake most likely violated the Code and Standards associated with:
        neither Integrity of Capital Markets nor Conflicts of Interest.
        Integrity of Capital Markets, but not Conflicts of Interest.
        Integrity of Capital Markets, and Conflicts of Interest.
为什么是B? 没有 conflicts of interest ?


14 . Lawrence Hall, CFA, and Nancy Bishop, CFA, began a joint research report on Stamper Corporation. Bishop visited Stamper's corporate headquarters for several days and met with all company officers. Prior to the completion of the report, Bishop was reassigned to another project. Hall used his and Bishop's research to write the report but did not include Bishop's name on the report, because he did not agree with and changed Bishop's conclusion included in the final report. According to the Standards of Practice Handbook, did Hall most likely violate any CFA Institute Standards of Professional Conduct?
        A.Yes, with respect to diligence and reasonable basis
        B.No
        C.Yes, with respect to misrepresentation
为什么是A？ 不是C？

adjani.zhang

回复 1# 水滴石穿


   #12 做老鼠仓不涉及与雇主或客户的利益
VI. CONFLICTS OF INTEREST
A. Disclosure of Conflicts.
B. Priority of Transactions.
C. Referral Fees.


#14 感觉有剽窃嫌疑？？ 其他同学怎么看

nimue

Bishop是实地考察，和很多人meet之后给出的结论，Hall没有做相关的工作就修改了Bishop的结论，这样理解选A对吗？

morrowtan

第二道题应该是在mock 2010 afternoon session的第三题吧？
上面的答案却是NO哦。跟你的答案不一样啊。怎么回事。。。
解释是：Members are in compliance with CFA Institute's Standard V(A) Dilligence and Reasonable Basis, if they rely on the research of another party who exercised diligence and thouroughness. Because Bishop's opinion did not agree with the final report, disassociating her from the report is one way to handle this difference between the analysts.

我这道题也做错了。。。等大神解答

morrowtan

第二道题应该是在mock 2010 afternoon session的第三题吧？
上面的答案却是NO哦。跟你的答案不一样啊。怎么回事。。。
解释是：Members are in compliance with CFA Institute's Standard V(A) Dilligence and Reasonable Basis, if they rely on the research of another party who exercised diligence and thouroughness. Because Bishop's opinion did not agree with the final report, disassociating her from the report is one way to handle this difference between the analysts.

我这道题也做错了。。。等大神解答