Q4. All of the following are violations of Standard II(B), Market Manipulation, EXCEPT: A) securing a controlling interest in an equity security in order to influence the price of a related derivative instrument. B) exploiting differences in market inefficiencies. C) disseminating misleading information about the development of new products and technologies.
Q5. Steve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in: A) transaction-based manipulation, but not information-based manipulation. B) neither transaction-based manipulation nor information-based manipulation. C) both transaction-based manipulation and information-based manipulation.
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发表于 2009-1-6 17:55
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