1.Consider the statement below and then choose the most correct answer.The term”material” in accordance with CFA Standard II(A) represents information that: A. Is removed from a situation B. is isolated C. is made known D.changes the price of a security 2.Information is more likely to be assessed as material non-public for CFA standards when it A.is categorized as mosaic theory B. is widely disseminated C.is provided by a corporate insider D.is provided by a stranger on the street. 3.A CFA member: A.can limit their investment options available to clients where such details are provided to clients in advance and are consistent with the client’s objective and tisk tolerances. B.Can disregard issues of prudence and care in delivering the agreed-on securities where the client agrees to this outcome in writing. C.Can limit their investment options as long as the investment products are not proprietary products of the firm. D. Can limit their investment options as long as the investment products are consistent with the client’s objectives and risk tolerances are not proprietary products of the firm.
1.Consider the statement below and then choose the most correct answer.The term”material” in accordance with CFA Standard II(A) represents information that:
A. Is removed from a situation B. is isolated C. is made known D.changes the price of a security
2.Information is more likely to be assessed as material non-public for CFA standards when it
C.is provided by a corporate insider D.is provided by a stranger on the street.
3.A CFA member:
A.can limit their investment options available to clients where such details are provided to clients in advance and are consistent with the client’s objective and tisk tolerances.
B.Can disregard issues of prudence and care in delivering the agreed-on securities where the client agrees to this outcome in writing.
C.Can limit their investment options as long as the investment products are not proprietary products of the firm.
D. Can limit their investment options as long as the investment products are consistent with the client’s objectives and risk tolerances are not proprietary products of the firm.
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