小鸟儿 · 2018年04月19日
前面有同学问过，助教说要找老师讨论但是没有下文了所以再问一遍。还有一个答案说不应该用soft dollar付考试费，那不就应该选B了，但是答案是C。我有三个问题：
1。有点怀疑答案到底对不对
2。soft-dolloar不是hard dollar一般是指非金钱的额外好处，服务，那怎么还能拿来付考试费呢？
3。C选项的research allowed to be purchased with brokerage commission
问题如下图：
选项：
A. 
B. 
C. 
解释：
NO.PZ2016032801000030 问题如下 Stafforis a portfolio manager for a specializereestate mutufun Her firm clearly scribes in the funs prospectus its soft llpolicies. Stafforcis thentering the CFA Progrwill enhanher investment cision-making skill ancis to use the funs soft llaccount to pthe registration anexfees for the CFA Program. Whiof the following statements is most likely correct? A.Staffornot violate the Co anStanr because the prospectus informeinvestors of the funs soft llpolicies. B.Stafforviolatethe Co anStanr because improving her investment skills is not a reasonable use of the soft llaccount. C.Stafforviolatethe Co anStanr because the CFA Progres not meet the finition of researalloweto purchasewith brokerage commissions. C is correct.Accorng to StanrIII(–Loyalty, Prunce, anCare, the CFA Progrwoulconsirea personor firm expense anshoulnot paifor with the funs brokerage commissions. Soft llaccounts shouluseonly to purchase researservices threctly assist the investment manager in the investment cision making process, not to assist the management of the firm or to further ecation. Thus, answer A is incorrect. Answer B is incorrebecause the reasonableness of how the money is useis not issue; the issue is thecationexpense is not research. 老师，Soft llar这个知识点好奇怪，哪里有讲过吗？可以从头透彻的讲一下吗？看了过往答案还是不理解。以及，这个题里面，怎么用soft llar的账户付款CFA的费用呢？明明也不是真的llar而是以报告研究等服务产品交付的形式啊？可以再透彻的一下吗？谢谢
NO.PZ2016032801000030 问题如下 Stafforis a portfolio manager for a specializereestate mutufun Her firm clearly scribes in the funs prospectus its soft llpolicies. Stafforcis thentering the CFA Progrwill enhanher investment cision-making skill ancis to use the funs soft llaccount to pthe registration anexfees for the CFA Program. Whiof the following statements is most likely correct? A.Staffornot violate the Co anStanr because the prospectus informeinvestors of the funs soft llpolicies. B.Stafforviolatethe Co anStanr because improving her investment skills is not a reasonable use of the soft llaccount. C.Stafforviolatethe Co anStanr because the CFA Progres not meet the finition of researalloweto purchasewith brokerage commissions. C is correct.Accorng to StanrIII(–Loyalty, Prunce, anCare, the CFA Progrwoulconsirea personor firm expense anshoulnot paifor with the funs brokerage commissions. Soft llaccounts shouluseonly to purchase researservices threctly assist the investment manager in the investment cision making process, not to assist the management of the firm or to further ecation. Thus, answer A is incorrect. Answer B is incorrebecause the reasonableness of how the money is useis not issue; the issue is thecationexpense is not research. 如题谢谢！
NO.PZ2016032801000030 问题如下 Stafforis a portfolio manager for a specializereestate mutufun Her firm clearly scribes in the funs prospectus its soft llpolicies. Stafforcis thentering the CFA Progrwill enhanher investment cision-making skill ancis to use the funs soft llaccount to pthe registration anexfees for the CFA Program. Whiof the following statements is most likely correct? A.Staffornot violate the Co anStanr because the prospectus informeinvestors of the funs soft llpolicies. B.Stafforviolatethe Co anStanr because improving her investment skills is not a reasonable use of the soft llaccount. C.Stafforviolatethe Co anStanr because the CFA Progres not meet the finition of researalloweto purchasewith brokerage commissions. C is correct.Accorng to StanrIII(–Loyalty, Prunce, anCare, the CFA Progrwoulconsirea personor firm expense anshoulnot paifor with the funs brokerage commissions. Soft llaccounts shouluseonly to purchase researservices threctly assist the investment manager in the investment cision making process, not to assist the management of the firm or to further ecation. Thus, answer A is incorrect. Answer B is incorrebecause the reasonableness of how the money is useis not issue; the issue is thecationexpense is not research. 老师，请问Soft ll和Commision的中文分别是什么？这两个概念怎样区分？
就问两个问题，softllar到底能不能用来付cfa考试费？参加cfa考试提升自己为客户服务的技能算不算直接有利于客户？
B错在哪了？无非理解！完善和提高投资经理技能不能使用soft llar这没问题啊！C是对的吗？CFA协会不允许用佣金来买研究报告？那用什么钱买？
