NO.PZ201604030300004706
问题如下：
6. According to CFA Institute Standards, Riser is not required to disclose to clients his:
选项：
A.holdings of the Japanese equity product.
B.relationship with the Swibank subsidiary.
C.compensation from the Swibank subsidiary.
解释：
C is correct.
Standard VI(A) —Disclosure of Conflicts requires that members and candidates make full and fair disclosure of all matters that could reasonably be expected to impair their independence and objectivity or interfere with respective duties to their clients, prospective clients, and their employer. Riser’s holdings of the Japanese equity product and his position on the board of the subsidiary could impair his objectivity and must be disclosed to clients. He need not disclose his compensation from the subsidiary because it is not a referral fee.
我本来选的是A，因为他是为自己的账户投资，所以本来觉得不需要披露。但解释说公账也投了Japanese equity，存在利益冲突，那么要披露这也解释的通。
可是在我看来B和C就是一体两面，甚至compensation是属于绝对要披露的——因为你都收钱了。而relationship要看情况披露——毕竟父母兄妹亲戚在其他地方任职都是不需要披露的。
