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NEW QUESTION: 1
Fran Dew is an analyst at a large brokerage house. Her husband, John, is an equity salesman at the same brokerage house. John is holding a large position of stock in a company called QRE. QRE have performed very badly of late and John is battling to sell the stock. John calls Fran and asks her as a special favor to him if she can please call some of her institutional clients and sell them large quantities of
QRE. Fran does this and sells off a large quantity of stock to her large clients. In terms of CFA Institute's
Standards of Professional Conduct per Standard I). B.
(Independence and Objectivity), has Fran violated this Standard?
A. Yes, due to her relationship with John she must never sell any stock that he is holding.
B. Yes, it is an unethical practice since an analyst must always be able to justify the recommendations that they make.
C. No, Fran owed it to her husband due to their relationship.
Answer: B
Explanation:
No matter what the benefit to the firm nor her relationship with her Husband, Fran may never sacrifice her objectivity and independence. Fran may deal with John at the firm but not in a manner that may compromise her independence and objectivity. Fran may only make recommendations to her clients on stocks that she is able to justify the purchase thereof.
NEW QUESTION: 2
You work as the project manager for Bluewell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decide, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project, what is likely to increase?
A. Quality control concerns
B. Risks
C. Human resource needs
D. Costs
Answer: B
Explanation:
Explanation/Reference:
NEW QUESTION: 3
When connecting to on-premises data sources with IBM Data Connect, where is the Secure Gateway client installed?
A. On a server provisioned from IBM Bluemix IaaS
B. As a separate application in IBM Bluemix PaaS
C. On a computer running behind the corporate firewall
D. Within the source and target databases
Answer: C
Explanation:
Explanation
Explanation
The Secure Gateway client must be installed on an on-premises computer that has free network access to all your on-premises data sources.
References:
https://console.bluemix.net/docs/services/dataworks1/t_secure_gateway_rev.html#adding-asecure-gateway
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