Reading 45: Execution of Portfolio Decisions Los o~Q1-3 investment, including, following, execution, procedures

youzizhang

 

LOS o: Evaluate a firm's investment and trading procedures, including processes, disclosures, and record keeping, with respect to best execution.

Q1. Which of the following is NOT one of the three components of the CFA Institute’s Trade Management Guidelines?

A)   Disclosures.

B)   Measurement tools.

C)   Processes.

 

Q2. Which of the following is FALSE regarding the CFA Institute’s Trade Management Guidelines? They state that investment management firms should:

A)   provide general information on their trading techniques, markets, and brokers.

B)   hire independent outside consultants to ensure best execution.

C)   have policies and procedures that assist in best execution.

 

Q3. Which of the following is FALSE regarding the CFA Institute’s Trade Management Guidelines? They state that investment management firms:

A)   must disclose their conflicts of interest related to trading.

B)   must not disclose documentation concerning policies and procedures to outside parties.

C)   should strive for best execution.

rawrdinosaur

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luqian55

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deqiang

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suodi

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rawrdinosaur

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maxsimax

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思霖

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距 June 2010 CFA Level 1、2、3 Exam 还有34天

leeyaoxee

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