[求助] CFA L1 Ethics 问题请教

Jalapeno4u

Schweser June 08 Exam 1 Afternoon

2. Robert Miguel, CFA, is a portfolio manager for a large investment advisory firm. In appreciation for his impressive portfolio returns last quarter, one of his clients, Kevin Goodman, has invited Miguel and his wife to be his guests at his luxury suite for a major league baseball playoff game. Miguel, a baseball fan, accepts the invitation and attends the game. The next day at work, Miguel discusses the outcome of the game with his supervisor but doesn't mention the fact that he attended the game with a client. According to the CFA Institute Standards of Professional Conduct, Miguel's actions:

A. are in violation of both Standard I(B) Indenpendence and Objectivity and Standard I(A) Knowledge of the Law.

B. are not in violation of both Standard I(B) Indenpendence and Objectivity or Standard I(A) Knowledge of the Law.

C. are in violation of both Standard I(B) Indenpendence and Objectivity, but are not in violation of Standard I(A) Knowledge of the Law.

D. are not in violation of both Standard I(B) Indenpendence and Objectivity, but are in violation of Standard I(A) Knowledge of the Law.

The answer is A.

Why is he in violation of Knowledge of the Law?

Emily915

Actually, if he violate any of the standards on purpose, he is in violation of Law as well.

jessicapink

So the law includes the standards...got it.

yankee_sailor

以下是引用Emily915在2008-6-2 9:39:00的发言：
Actually, if he violate any of the standards on purpose, he is in violation of Law as well.

Exactly~~

Jalapeno4u

Thank you all.