Q2, When Jefferson Piedmont, CFA, joined Branch investing, Branch began using a quantitative stock selection model that Piedmont gad developed on his own personal time prior to his employment with Branch. One year later when Piedmont left the firm, he found the original copy of the model that he had developed in a file at his home and presented it to his new employer, who immediately began using; the model. According to the Standards of Practice Handbook, did Piedmont violate any CFA Institute Standards of professional Conduct? A. NO B. YES, because he failed to act in Branch's best interest. C. YES, because he misappropriated property that now belonged to Branch. D. YES, because he failed to exercise his fiduciary duty to Branch's clients by presenting the stock selection model to his new employer.
答案和详解如下：
Q2. A Study Session 1-2. a Although departing employees may not take employer property when departing, the model Piedmont presented to his new employer was not Branch’s property. It was created by Piedmont prior to his employment with Branch. The model was not created for Branch in the course of his employment, but was adopted by Branch.
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发表于 2007-11-7 09:41
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