Q10. Nicole Wise, CFA, is an analyst at Chicago Securities. She attends a meeting with management of one of the companies that she covers. During the meeting, management expresses great optimism about the company’s recent acquisition of a new business. Wise is excited about these prospects and issues a research report that states that the company is about to achieve significant success with the new acquisition. Wise has: A) violated CFA Institute Standards of Professional Conduct because she misrepresented the optimism by turning it to certainty. B) violated CFA Institute Standards of Professional Conduct because she did not check the accuracy of the statements that management made. C) not violated CFA Institute Standards of Professional Conduct because she had reasonable reason to believe that the statements in her report were true.
Q11. An analyst who routinely purges the files that support his research and recommendations: A) is acting in accordance to Standard III(E), Preservation of Confidentiality. B) may be violating Standard V(C), Record Retention. C) is acting in accordance to Standard IV(A), Loyalty to Employer.
| 
发表于 2009-1-12 17:10
| 
