To be gips compliant - Study guides, Class notes & Summaries

CFA Mock Exam Full 89 Questions with Answers 2023 if you were fired from a previous job and fail to tell your new emmployer is that a violation and if so of what? - CORRECT ANSWER yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination - CORRECT ANSWER 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classe...

IACCP Master Questions Bank with Answers 100% solved Rated A+IACCP Master Questions Bank with Answers 100% solved Rated A+ Contains marking scheme The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion – Which of the following should ...

CFA Level 1 Q&A Entire Exam + Explanation | Questions with 100% Correct Answers | Updated & Verified Sharon Fields, CFA, provides her two weeks' notice and prepares over the next two weeks to transition into her own business. She clears her personal computer of contacts and turns over all client records to her employer. Her contract requires a two-year waiting period before contacting clients located in her client file. After her final day with her employer, she updates her personal pages...

if you were fired from a previous job and fail to tell your new emmployer is that a violation and if so of what? - Answer- yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination - Answer- 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classes or consumers. third degree-- charging different prices to different...

CFA LEVEL 1 CFAI MOCK EXAM I QUESTIONS WITH CORRECT ANSWERS 100% 2024

Which of the following is least likely a requirement of the GIPS standards? Firms are required to: - present a minimum of five years of annual investment performance compliant with the GIPS standards. - include all discretionary, fee-paying portfolios in at least one composite. - have their performance records verified by an independent third party. C - It is a recommendation but not a requirement that firms obtain independent third-party verification to claim GIPS compliance. Fi...

According to the Code and Standards, members and candidates who are involved in distributing an initial public offering (IPO) of equity shares and wish to participate in the IPO: - ANSWERSmay participate unless the IPO is oversubscribed. Amy Brooks, a Level III CFA candidate, has been given supervisory responsibilities. In carrying out her responsibilities, Brooks has discovered that the firm's compliance system is inadequate. She informed her supervisor, who is not supportive of Brooks...

CFA LEVEL 1 CFAI MOCK EXAM WITH 100% QUESTIONS AND ANSWERS Can you initiate coverage on a company that is a potential client? - CORRECT ANSWER-Yes - as long as the recommendation is not unjustifiably favorable Tender Offers - CORRECT ANSWER-Mat., non-pub info -> can't use! To be GIPS compliant, a firm must adopt: - CORRECT ANSWER-the broadest definition of the firm *presented annually, to all clients Do you have to reveal referral fees even if $ isn't actually exchanged? - CORREC...

Question #1 of 120 Question ID: Questions 1 through 18 relate to Ethical and Professional Standards. (27 minutes) Ray Brown, CFA, gives prospects his firm's marketing materials, not prepared by him, that indicate he has a graduate degree from State University, when in fact he did graduate work there but did not receive a degree. Brown informed the marketing department of this error when he first saw it. Brown has: A) violated the Standards by misrepresenting his qualifications. B) no...

According to the CFA Institute Code of Ethics and Standards of Professional Conduct, trading on material nonpublic information is least likely to be prevented by establishing: - ANSWER Selective Disclosure After a firm presents a minimum required number of years of GIPS-compliant performance, the firm must present an additional year of performance each year, building up to a minimum of: - ANSWER 10 years of GIPS-compliant performance After a firm presents a minimum of five years of GIPS-co...