更多服务

特色服务

找学习资源

查报考信息

看备考资讯

备考工具箱

报考指南

报名入口

报名流程

考试动态

考试日历

备考指南

资料中心

福利政策

免费题库

全部

CFA道德规范和专业行为准则练习题之保密

来源：高顿网校 2021-06-28

CFA职业道德与专业行为标准（CFA Ethical and Professional Standards）向来是CFA一级和CFA二级考试的重点之一（CFA一级的比重达15%）。

在CFA考试中，涉及到职业道德与专业行为标准的考题往往最先出现。迅速并准确解答这部分考题，不仅有助于从考试开始就建立起信心，也能提高通过考试的机率。

CFA道德规范和专业行为准则练习题＂Morality＂Exercise:Preservation of Confidentiality

Questions 1:

Chan Liu,CFA,is the new research manager at the Pacific MicroCap Fund.Liu observed the following activities after she published a research report on a thinly traded micro cap stock that included a“buy”recommendation:

●Pacific traders purchased the stock for Pacific’s proprietary account and then purchased the same stock for all client accounts;and

●Pacific marketing department employees disseminated positive,but false,information about this stock in widely read Internet forums.Liu notes the stock’s price increased more than 50%within a period of two days and was then sold for Pacific’s account.Which of the following steps is most appropriate for Liu to take to avoid violating the CFA Institute Code of Ethics and Standards of Professional Conduct?

A、Report the observed activities to her employer.

B、Remove her name from the micro cap stock research report.

C、Publicly refute the false information posted on Internet forums.

【Answer to question 1】A

【Analysis】

A is correct because certain staff at Liu’s employer appear to be engaged in front-running,a violation of Standard VI(B)–Priority of Transactions,and market manipulation,a violation of Standard II(B)–Market Manipulation.If Liu observes these violations without taking steps to notify her employer,she will be in violation of Standard I(A)–Knowledge of the Law.Liu should know that the conduct observed is likely a violation of applicable laws,rules,and regulations and is a violation of the CFA Institute Code and Standards.Her first step,therefore,should be to attempt to stop the behavior by bringing it to the attention of the employer through a supervisor or the firm’s compliance department.Inaction may be construed as participation or assistance in the illegal or unethical conduct.

B is incorrect because the firm the member is employed by appears to be engaged in a classic pump and dump stock fraud and market manipulation scheme.Removing her name from the firm’s investment recommendation would not alleviate the member from her more immediate responsibilities under Standard I(A)–Knowledge of the Law because the firm and the member must not knowingly participate or assist in and must dissociate from any violations of such laws,rules,or regulations.Now that the member knows of the violations,she must dissociate from them.Inaction may be construed as participation or assistance in the illegal or unethical conduct.

C is incorrect because the firm the member is employed by appears to be engaged in a classic pump and dump stock fraud and market manipulation scheme and the member must not knowingly participate or assist in and must dissociate from any violations of such laws,rules,or regulations as required by Standard I(A)–Knowledge of the Law.Inaction may be construed as participation or assistance in the illegal or unethical conduct.

CFA那点事儿
报名信息	成绩查询	证书领取	备考经验	课程辅导
就业指导	资料下载	考试大纲	真题解析	知识讲解

Questions 2:

Teresa Staal,CFA,is an investment officer in a bank trust department.She manages money for celebrities and public figures,including an influential local politician.She receives a request from the politician’s political party headquarters to disclose his stock holdings.The request indicates that local law requires the disclosure.What steps should Staal most likely take to ensure she does not violate any CFA Institute Standards of Professional Conduct?

A、Provide the information and inform her client.

B、Send the requested documents and inform her supervisor.

C、Check with her firm’s compliance department to determine her legal responsibilities.

【Answer to question 2】C

【analysis】

C is correct.In order to avoid violating Standard III(E)Staal should determine if applicable securities regulations require disclosing the records before she provides the confidential information concerning her client’s investments.

A is incorrect as providing the requested information would violate the confidentiality of the client’s records.

B is incorrect as providing the requested information would violate the confidentiality of the client’s records

CFA最新备考资料下载> >

延伸阅读

以上就是【＂Morality＂Exercise:Preservation of Confidentiality||CFA道德规范和专业行为准则练习题】的全部内容，如果你想学习更多CFA相关知识，欢迎大家前往高顿教育官网CFA频道！在这里，你可以学习更多精品课程，练习更多重点试题，了解更多最新考试动态。

版权声明：本条内容自发布之日起，有效期为一个月。凡本网站注明“来源高顿教育”或“来源高顿网校”或“来源高顿”的所有作品，均为本网站合法拥有版权的作品，未经本网站授权，任何媒体、网站、个人不得转载、链接、转帖或以其他方式使用。经本网站合法授权的，应在授权范围内使用，且使用时必须注明“来源高顿教育”或“来源高顿网校”或“来源高顿”，并不得对作品中出现的“高顿”字样进行删减、替换等。违反上述声明者，本网站将依法追究其法律责任。本网站的部分资料转载自互联网，均尽力标明作者和出处。本网站转载的目的在于传递更多信息，并不意味着赞同其观点或证实其描述，本网站不对其真实性负责。如您认为本网站刊载作品涉及版权等问题，请与本网站联系(邮箱fawu@gaodun.com，电话：021-31587497)，本网站核实确认后会尽快予以处理。

展开全文咨询在线

点一下领资料

【超详细保姆教程】CFA考试真题

真题高频考点，刷题全靠这份资料

下载合集

CFA报考指南

梳理核心考点，一图看懂全部章节

下载合集

CFA-L1-考纲-新版/p>

全科备考学习打卡表,备考按照计划走

cfa备考热门问题解答

cfa证书就业岗位有哪些？: cfa考完后可以从事的工作包括公司会计、基金经理助理、投资管理师、股票研究分析师、基金分析师、投资产品分析师、券商助理分析师、交易员等。在全球范围内，cfa会员的雇主包括了摩根大通、汇丰银行等机构。

cfa考试内容有哪些？: cfa考试分为三个等级，cfa一级和二级考试科目包括《职业伦理道德》、《定量分析》、《经济学》、《财务报表分析》、《公司理财》、《投资组合管理》、《权益投资》、《固定收益投资》、《衍生品投资》、《其他类投资》。cfa三级考试科目包括《经济学》、《投资组合管理》、《权益投资》、《职业伦理道德》、《固定收益投资》、《其他类投资》、《衍生工具》。

cfa一年考几次？: cfa每年考试的次数每个级别均有不同，其中CFA一级考试每年设置四次，CFA二级考试每年设置三次，CFA三级考试每年设置两次。需注意，协会规定考生必须要按照CFA考试的三个级别，依次进行报考，且报考两个级别考试的窗口之前需至少间隔6个月。

cfa的含金量如何？: CFA证书全称Chartered Financial Analyst（特许注册金融分析师），是全球投资业里最为严格与高含金量资格认证，为全球投资业在道德操守、专业标准及知识体系等方面设立了规范与标准，具有较高的知名度和影响力。英国的国际学术认证中心，还将持有CFA证书视为拥有硕士学历水平，能让想进修的金融专业人士，充分学习等同于金融硕士的知识课程。此外，人民日报三年内连续四次推荐CFA证书！因此，无论是从国际知名度还是国内知名度来说，CFA资格认证的含金量和认可度都是非常高的。

在线提问

严选名师全流程服务

陈一磊

高顿CFA研究院主任