29 Free CFA Level 2 Practice Questions on Ethics

With an expectation of providing an effective online learning method for CFA test-takers, updated questions in 29 Free CFA Level 2 Practice Questions on Ethics will support students for learning and revising the material sufficiently. In the multiple choice format, this CFA level 2 mock exam free assists you in understanding the concepts and performing the calculation exactly. This is a helpful tool of CFA self-studying to improve your skills. Moreover, day-by-day practice also helps to ingrain the important things under the pressure before the exam and track down your exam study and preparation. Ferret it out and shout out your results in the comment below!
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freq of update report and how to discontinue coverage

• must be documented and go through compliance
• violate if not correct the audience
• can accept travel expense but nothing else
• quarter and must issue a final report to clients

can investment manager include high risk investment into portfolio of some conservative investors but the portfolio overal has no restriction on high risk?

• must be documented and go through compliance
• yes, because new prudent only evaluate the portfolio as a whole
• can accept travel expense but nothing else
• quarter and must issue a final report to clients

supervisor responsibility apply to whom

• not only officers and their direct reports but also to other investment pro who have employees subject to their control
• yes, because new prudent only evaluate the portfolio as a whole
• not allowed unless extreme hardship. must provide personal investment of self and family at least annually
• prohibit under all circumstance without the permission of the investor

disclosure of soft dollar standard must address what?

• quarter and must issue a final report to clients
• yes, because new prudent only evaluate the portfolio as a whole
• must disclose the achieved result was a team effort and can only claim for a portion in this result
• must address whether trades generating brokerage involved transaction conducted on a principal basis

potential client can be approached once leaving firm or not

• no
• 7 yrs
• yes
• 60days

soft dollars use

• only require disclosure if firm manage or co-manage the deal
• candidate cannot usecharterholder can use on biz card or letterhead of individual not in company letterhead
• use the more strict rule. raw data feeds not added value research
• office equipment - nofinancial tv - yes if use in decision makingbloomberg - no even it is used for client acceess to info, only yes if used for decicion making. if both then sharesoftware and computer- share, must be reevaluate annually.