Q22. Regarding non-public information, which one of the following statements is FALSE?
A) An analyst may use some types of non-public information. B) A member can be summarily suspended for having received material non-public information. C) Disclosing material non-public information would have an impact on the price of a security or be of interest to a reasonable investor.
Q23. An analyst provides services for a charitable organization and in return gets free membership in the organization. Part of her job is to manage the liquid assets of the organization, and those assets include stocks. Her supervisor in the organization calls her and tells her to buy a certain stock for the portfolio based upon insider information from a board member in the organization. The analyst objects, but the supervisor says this is what they have always done and sees no reason for changing now. The analyst complies with the request. With respect to Standards IV(A), Loyalty to Employer, and II(A), Material Nonpublic Information, the analyst violated: A) both Standards IV(A) and II(A). B) only Standard IV(A) requiring duty of loyalty. C) only Standard II(A) that prohibits insider trading.
| 
发表于 2009-1-12 16:25
| 
