标题: CFA Mock Morning session Ethics Q2 [打印本页] 作者: LiquidAssets10 时间: 2011-7-13 16:26 标题: CFA Mock Morning session Ethics Q2
Explanation for the question states that writing "thousands clients" when he has a small client base is violation. But where does it say that he has small client base? I am not able to find that in the question anywhere.作者: soddy1979 时间: 2011-7-13 16:26
In the text, it is stated he has "several large retail bank", so it is considered as a small client base and there is a violation of the Standard Misrepresentation.
It's not explicit but we have to read each question really carefully, especially in ethics where all words count.作者: ftwcfa 时间: 2011-7-13 16:26
mb45 Wrote:
-------------------------------------------------------
> Look at it like you are comparing teams... You
> have 3 fat guys on a team vs. 50 small guys on a
> team. Although the 3 fat guys are large it is
> still a small team. Although the 50 small guys are
> small they are still a larger team. So having a
> few large clients like 3 or 4 means you have a
> small team to work with.
Makes sense! there wouldnt be too many large retail banks anyway
