注册 登录
上一主题：Enterprise Value
下一主题：Fight for every question
返回列表 发帖
AnalystAlan

Rank: 2

UID
223379 
帖子
277 
主题
70 
注册时间
2011-7-11 
最后登录
2016-4-19 
1# 跳转到 » 倒序看帖
打印
tT
发表于 2011-7-13 16:51 | 只看该作者

Ethics 5: 10 percent de minimis amount.

meaning, derived, percentage, particular, interpret
(3) the aggregate percentage of XYZ Brokerage derived from Client-Directed
Brokerage Arrangements and the amount of the particular Client’s
Directed Brokerage as a percentage of the aggregate, subject to a
10 percent de minimis amount.

How do you interpret the meaning of the 10%?

 

相关主题：

. Ethics 5: 10 percent de minimis amount.

. CFA Level I:Economics - Aggregate output, price, and economic growth 学习要点和习题精选

. Couldn't get the intuitive meaning - Fixed income, negative

. CFAI R31 EOC #6 (Two-bond Hedge) V4 p189

. Reading 7: Statistical Concepts and Market Returns-LOS j 习题

收藏 分享

ayaz_mahmud369

Rank: 2

UID
223412 
帖子
334 
主题
15 
注册时间
2011-7-11 
最后登录
2014-8-7 
2#
发表于 2011-7-13 16:51 | 只看该作者
So, if a client asks for additional information, but their brokerage share is < 10%, you don't have to provide them with the additional information?

XYZ must disclose in writing to its Clients that additional information in
accordance with the CFA Institute Soft Dollar Standards concerning
XYZ’s Soft Dollar and Client-Directed Brokerage Arrangements is
available on request. Such additional information should include (1) a
firmwide description of the products and services that were received
from each broker pursuant to a Soft Dollar Arrangement, including the
identity of those Brokers; (2) for a specific Client account, the total
amount of Commissions generated for the Client through Soft Dollar
Arrangements, detailed by Broker and reporting the amount of
Brokerage directed by the Client to specific brokers; and (3) the
aggregate percentage of XYZ Brokerage derived from Client-Directed
Brokerage Arrangements and the amount of the particular Client’s
Directed Brokerage as a percentage of the aggregate, subject to a
10 percent de minimis amount.



Edited 1 time(s). Last edit at Wednesday, June 2, 2010 at 05:58AM by Dreary.

TOP

RepoToronto

Rank: 2

UID
223420 
帖子
323 
主题
7 
注册时间
2011-7-11 
最后登录
2014-8-6 
3#
发表于 2011-7-13 16:51 | 只看该作者
yes i would say so.

TOP

返回列表
上一主题：Enterprise Value
下一主题：Fight for every question