答案和详解如下：
14、Correct answer is C Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp. 83-85, 91, 113-116, 121-124 Standard IV (A) 2008 Modular Level I, Vol. 1, pp. 69-71, 75, 89-92, 94-98 Study Session 1-2-a demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations presenting multiple issues of questionable professional conduct By establishing a hedge fund separate from AA, Grabbo violated several Standards. The hedge fund may conflict with her employer's interests and must be disclosed according to Standard VI (A) Disclosure of Conflicts. The hedge fund also provides additional compensation and must be disclosed according to Standard IV (B) Additional Compensation Arrangements. Finally, according to Standard IV (A) Loyalty, members must act for the benefit of their employer, not deprive their employer of the advantage of their skills and abilities, or otherwise cause harm to their employer. In setting up the new fund, Grabbo was not acting for the benefit of her employer. She should have informed AA that she wanted to organize a hedge fund and come to some mutual agreement on how this would occur.
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发表于 2008-11-5 16:09
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