yuji

QUOTE:

以下是引用slaxlw在2009-6-8 19:45:00的发言：

关于GIPS那道，选项中没有Seperate managed这个，A是可以，B是NO because of shared trading desk, C是no because it's unincorporated. 感觉应该是B。因为“seperate trader evidence the notion of a seperate entity, even if the division is not a seperate legal entity, such as a subsidiary"-- notes上的clarification on firm definition.

[此贴子已经被作者于2009-6-8 20:17:53编辑过]

I choose A,

B - As long as the trading desk does not involve in any investment decision making process, and the question explicitly stated that the trading desk only placing the order. Hence, it's acceptable. Reference: CFAI Vol 6 Page 243 - Implementation (2) - Defining the Firm, the last 9 sentences.
C - Is correct too, same reference as above.