cfa一级ethicalandprofessionalstandards(编辑修改稿)

cfa一级ethicalandprofessionalstandards(编辑修改稿)内容摘要：

dard IV() – Reasonable Basis and Representations is TRUE? Bellow: A. did not violate either Standard I or Standard IV(). B. violated both Standard I and Standard IV(). C. did not violate Standard I but violated Standard IV(). D. violated Standard I but did not violate Standard IV(). A Bellow did not violate Standard I – Fundamental Responsibilities because he sought advice of counsel and followed that advice. Bellow did not violate Standard IV() – Reasonable Basis and Representations because he made reasonable and diligent efforts to ensure the accuracy of the information and to avoid any material representation. Question ID: 27281 Jason Blackwell, CFA, works as an investment manager for Mega Capital, a large multinational brokerage firm. He resides in a country whose applicable law is stricter than the Code and Standards but does business with clients in a country whose applicable law is less strict than the Code and Standards. Blackwell decides to follow the Code and Standards for clients in the less strict country. While Blackwell is still employed at Mega, Lego Associates verbally asks Blackwell to review client portfolios during evenings and weekends for a fee. Blackwell gets written consent from his immediate supervisor at Mega to undertake this independent activity for a onemonth trial basis. Which of the following statements about Blackwell’s actions involving Standard I – Fundamental Responsibilities and Standard III(B) – Duty to Employer is TRUE? Blackwell: A. did not violated either Standard I or Standard III(B). 9 B. did not violate Standard I but violated Standard III(B). C. violated both Standard I and Standard III(B). D. violated Standard I but did not violate Standard III(B). C Blackwell violated Standard I – Fundamental Responsibilities. Because the applicable laws were stricter than the Code and Standards, he must adhere to the more strict applicable law. Blackwell also violated Standard III(B), which required him to obtain written consent from both Mega and Lego to undertake independent practice. Question ID: 10476 Which of the following is a CORRECT statement of a member39。 s duty under the Code and Standards? A. In the absence of specific applicable law or other regulatory requirements, the Code and Standards govern the member39。 s actions. B. A member who trades securities in a foreign securities market where no applicable local laws or stock exchange rules regulate the use of material nonpublic information may take investment action based on this information. C. A member is required to ply only with applicable local laws, rules, regulations, or customs even though the AIMR code and Standards may impose a higher degree of responsibility or a higher duty on the member. D. A member who trades securities in a country with less strict laws, rules, regulations, or customs may follow those laws if he discloses this information to his client. A Question ID: 10489 When an AIMR member suspects a client or a colleague of planning or engaging in ongoing illegal activities, which of the statements about the actions that the member should take is 10 most correct? According to the AIMR Standards of Professional Conduct, the AIMR member should: A. ignore the suspected illegal activity unless the suspected party is an AIMR member. B. disassociate from any illegal or uhical activity if the member has reasonable grounds to believe that the activity is illegal or uhical. C. consult counsel to determine the legality of the activity and disassociate from any illegal or uhical activity if the member has reasonable grounds to believe that the activity is illegal or uhical. D. consult counsel to determine the legality of the activity. C According to the procedures for pliance involving Standard I(B), AIMR members should determine legality and disassociate from any illegal or uhical activity. Question ID: 10480 A . Congressional oversight mittee has concluded that investment pany fees should be detailed in dollar terms each quarter and has proposed the enactment of new legislation to this end. Currently, the legal requirement is to report such data annually. In pliance with current legal requirements, Dolphin investments, a Floridabased investment firm, reports annually. Eun Shin, CFA and employee of Dolphin, learns of the proposed changes but does not convert Dolphin39。 s reporting to a quarterly basis. This action: A. is a violation of his duty to employer as defined in the Code and Standards. B. constitutes professional misconduct as defined in the Code and Standards. C. is not a violation of the Code and Standards. D. is a violation of his responsibilities as a supervisor as defined in the Code and Standards. B The quarterly fee presentation is only a proposal at this stage. There is no violation if Eun is 11 following the regulations currently in force. 2II.: Standards of Professional Conduct: II. Relationships with and Responsibilities to the Profession Question ID: 27283 Lucy Ackert and Chris Brown prepared the following information to be included in the promotional materials of their employer, Lofton Securities.  Lucy Ackert is one of five CFAs at Lofton Securities. She satisfied all requirements for the CFA in 1998.  Chris Brown holds a CFA Level I designation, which he passed in 2020. He is registered to take the next scheduled Level II examination. Are the promotional materials prepared by Ackert and Brown fully consistent with Standard II(A) – Use of Professional Designation? A. Ackert: No. Brown: Yes. B. Ackert: No. Brown: No. C. Ackert: Yes. Brown: Yes. D. Ackert: Yes. Brown: No. B Neither statement is fully consistent with Standard II(A) – Use of Professional Designation. The。