Q1. Ross Nelson, CFA, manages accounts for high net worth clients including his own family's account. He has no beneficial ownership in his family's account. Because Nelson is concerned about improper behavior in managing his family’s account, when his firm purchases allocates to his family's account only those stares that remain after allocation to his other client accounts. The fee form managing his family’s account is based on his firm’s normal fee structure. According to the Standards of Practice Handbook, nelson’s best course of action with regard to management of his family’s account would be to:

A． Continue to manage his family’s account but treat it like his other client accounts.

B． Discontinue management of his family’s account and arrange for the account to be transferred to another firm.

C． Discontinue management of his family’s account and arrange for the account to be transferred to another investment manage in his firm.

D．Continue to manage his family’s account and continue his current allocation procedures to avoid the appearance of improper behavior.

答案和详解如下：

Q1    A   07 Modular Level I, vol.1, pp. 94-98   Study Session1-2 a

Nelson should treat his family's account like any other client account

选A

答案是A么？

Thanks