Londonrocks

Thanks for the advice, I think getting exposure to as many ethics questions as possible is going to be clutch.

I'm still taking a bath when it comes to ethics. I see questions like the ones on the CFAI mock exam where the guy gets in the fist fight in the middle of the trading floor and I convince myself that this must be a violation of the Standard relating to the Integrity of Capital Markets, because a Capital Market can't function efficiently if two market makers are rolling around the floor rather than maintaining an orderly market in their stock. I feel like in exactly half of these types of questions I will be right by taking liberties with the Standard and throwing the book at the perpetrator and hitting them with a violation of all Standards listed, and then the other half of the time I will be completely wrong (like in this case).

It doesn't help that some of the questions are rather absurd (the other question on the mock exam where the CFA gets stopped for speeding, but wasn't really speeding due to an error with the officers radar gun, and he attempts to buy the officer a sandwich (which somehow the questions mentions is more expensive than the ticket???) because he doesn't have the schedule availability to go to court. I wasn't sure if I was supposed to take the PV of the sandwich and the ticket or what.



Edited 1 time(s). Last edit at Friday, May 28, 2010 at 12:24PM by EastCoastJ.