单项选择题 Jack Bauer, CFA, works on Golden Finance as a portfolio manager. His father Linker Bauer is a senior manager of KPMG. During a family party, Linker mentioned that he was busy working on an audit of a car maker company recently. Linker also mentioned that the car maker company might encounter financial distress. Jack just listened and did not think too much. A few days later, Jack solicited a new client and found the client heavily holding the car maker company. Jack did some digging into the car maker company and found nothing about the financial problem. Which of the following actions is the most appropriate to comply with the CFA Institute Standards of Professional Conduct?A.Do more research then sell the stock.B.Sell the stock directly because he has soundness reason to do that so.C.Do nothing.

单项选择题 Yuan, CFA, is a fund manager works on an independent investment institution. He manages a trust fund.This trust fund was established by a millionaire, and the beneficiary was his minor son Jack. The IPS stipulate that the fund is to provide Jack with living expenses and tuition fees, and continues until he is 40 years old, so the fund required to invest low-risk and stable income only. However, Jack found Yuan and asked him to invest in a private equity fund.Jack believes that this private equity fund can provide a very good return, although there is a three-year lockup period.During the lockup period, there is zero yield and cannot redemption. Yuan accepted Jack’s request and invested in this private equity fund.Did Yuan most likely violate the CFA Institute Code of Ethics and Standards of Professional Conduct?A.Yes, because the decision against IPSB.No, because the beneficiary is Jack.C.No, because the private equity has a good return.

单项选择题 Yuan, CFA, is a fund manager. When Yuan is soliciting new clients, he claims that his investment return has exceeded 50% in the past three years. Based on that fact, he can guarantee such return to his new client in next year. Which of the following statements is the most accurate to comply with the CFA Institute Code of Ethics and Standards of Professional Conduct?A.Yuan can guarantee that return to his client based on his excellent investment history.B.Yuan does not need to mention his role in the history of investment action.C.Yuan failed to distinguish the fact and opinion, he can’t use his historical investment return to imply the future performance.