Examen 1. Etapa 2 Ethics

An analyst bases his recommendation on THIRD-PARTY research. Under Standard V(A) Diligence and Reasonable Basis, he must, most correctly:

Under Standard V(B) Communication with Clients and Prospective Clients, when presenting a recommendation the member must, most correctly:

Under Standard V(C) Record Retention, the documents supporting a member’s analyses and recommendations:

Under Standard VI(B) Priority of Transactions, a member’s own-account trades must be executed, most correctly:

An adviser receives a commission from a third party for referring clients to it. Under Standard VI(C) Referral Fees, he must, most correctly:

A CFA candidate comments on social media about specific details of the questions she saw on the exam. Under Standard VII(A):

Which of the following uses of the CFA designation is CORRECT under Standard VII(B)?

An analyst covering a company whose investment bank (part of his own firm) has a relationship with it must, under Standard VI(A), most correctly:

A manager uses a third-party quantitative model to select securities. Under Standard V(A), he must, most correctly:

A manager wants to buy for his personal account a stock he is also buying for his clients. The most correct action under Standard VI(B) is to:

A candidate who has passed Level II of the CFA Program may, under Standard VII(B), correctly describe himself as:

In a report, an analyst writes: ‘The company WILL DOUBLE its earnings next year.’ Under Standard V(B), the most correct approach would be to:

Regarding who may claim compliance with the GIPS standards, it is most correct that:

Regarding verification under GIPS, it is most correct that:

The main objective of the GIPS standards is, most correctly, to:

Which of the following is an ABUSIVE practice that the GIPS standards seek to prevent?

A composite, under the GIPS framework, is defined, most correctly, as:

Regarding the relationship between GIPS and regulation, it is most correct that GIPS compliance:

A manager receives material nonpublic information about an acquisition from a friend on the board, and buys the stock for his clients and for himself. He has most likely violated:

A firm wants to advertise that it ‘complies with GIPS’ in its marketing material. It may only do so if, most correctly: