Compliance Officer Independence - Fun Fact - 【CFA学习交流讨论】 - CFA论坛

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发表于 2011-7-13 16:03 | 只看该作者

I am not referring to any question on the exam, dingus.

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12^#

发表于 2011-7-13 16:03 | 只看该作者

This reading is about best practices; the clear take away is that the CCO should not report to the Investment Committee as it is a clear conflict of interest. Best practices would say CEO or BOD....that is going to cover the majority of situations.

Analti_Calte

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13^#

发表于 2011-7-13 16:03 | 只看该作者

Will you agree that all entities under the AMC may not have BODs?

justin88

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14^#

发表于 2011-7-13 16:03 | 只看该作者

charlottekid Wrote:
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> So are you saying a firm without an entity called
> a BOD cant have an independent CCO?

No, not at all - the CCO would simply have to report to the CEO/President to ensure his/her impartiality when dealing with issues.

Lotsa AM firms don't have BODs.

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15^#

发表于 2011-7-13 16:03 | 只看该作者

SB - but i think/thought I do understand the components.... Just that when i read about firms that employ the AMC and have a CCO but dont see any reference to a CEO or BOD in the firm, i just get a little confused....

I will repeat - apologies to Mr. B.

mar350

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16^#

发表于 2011-7-13 16:03 | 只看该作者

charlottekid Wrote:
-------------------------------------------------------
> SB - but i think/thought I do understand the
> components.... Just that when i read about firms
> that employ the AMC and have a CCO but dont see
> any reference to a CEO or BOD in the firm, i just
> get a little confused....
>
> I will repeat - apologies to Mr. B.

It's Ms. B, but I doubt she took too much offense.

IAmNeil

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17^#

发表于 2011-7-13 16:03 | 只看该作者

No worries.

mcmc

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18^#

发表于 2011-7-13 16:03 | 只看该作者

Oops. Now i really feel stupid. But I should feel just as stupid -- right? Shouldnt discriminate...

Darien

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19^#

发表于 2011-7-13 16:03 | 只看该作者

Not sure. Sounds offensive though, right?

I made it up out of frustration with my performance Saturday. Or lack thereof.

Feel like every q I wrestled with (whether or not most others did) I ended up landing in the quicksand.

Im not happy that Skill clearly disagrees with me. Does not bode well for me.

Peace out.

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20^#

发表于 2011-7-13 16:03 | 只看该作者

charlottekid Wrote:
-------------------------------------------------------
> Not sure. Sounds offensive though, right?
>
> I made it up out of frustration with my
> performance Saturday. Or lack thereof.
>
> Feel like every q I wrestled with (whether or not
> most others did) I ended up landing in the
> quicksand.
>
> Im not happy that Skill clearly disagrees with me.
> Does not bode well for me.
>
> Peace out.

Please don't jinx me like that, but good luck to you.