Reading 2-V: Standards of Professional Conduct & Guidan procedures, reasonable, following, members, class

mayanfang1

Q1. According to CFA Institute Standards of Professional Conduct, members should do all of the following to meet the compliance procedures for having a reasonable basis for recommendations, EXCEPT:

A)   analyze the client's investment needs.

B)   analyze the investment's basic characteristics before recommending a specific investment to a broad client group.

C)   distribute a detailed, written research report to clients with each recommendation.

 

mayanfang1

答案和详解如下：

Q1. According to CFA Institute Standards of Professional Conduct, members should do all of the following to meet the compliance procedures for having a reasonable basis for recommendations, EXCEPT:

A)   analyze the client's investment needs.

B)   analyze the investment's basic characteristics before recommending a specific investment to a broad client group.

C)   distribute a detailed, written research report to clients with each recommendation.

Correct answer is C)

Standard V(C), Record Retention, requires that members maintain appropriate records to support the reasonableness of such recommendations or actions, but they are not required to distribute a research report with each recommendation.

 

lenny_chen

x

luck

thx

hitman1986

1

CFA6077653

C

selvie0818

thanks

dandinghe4748

thanks

虫虫飞

thanks

szg333

飞