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小强爱英语 · 2024年04月09日

可以详细解析下这道题吗?

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NO.PZ202403070100000901

问题如下:

To avoid violating any CFA Institute Standards of Professional Conduct, which of the following is Ong’s most appropriate response to Mercer’s question?

选项:

A.“I will need to touch base with my partners.”

B.“I’m not able to take on projects as an individual.”

C.“I can refer you to another independent adviser.”

解释:

Solution
  1. Correct. Ong’s most appropriate response is, “I will need to touch base with my Partners.” Ong has a responsibility to protect the interests of his firm and his partners, according to Standard IV: Duty to Employers. If Ong took the assignment as an individual, he would be potentially harming his firm and his fellow partners. The harm would arise by Ong potentially competing against his firm and thus depriving the firm of his time, skills, and potential source of revenue, because the partners may agree to lower their normal fees to accommodate Mercer. The lower fee could be a loss leader for future projects with the government of the developing country. In particular, if Ong took the assignment as an individual, he would be violating Standard IV(A): Loyalty, which requires charterholders to act for the benefit of their employer (in this case, the employer is Ong’s firm and partners) and not deprive their employer of the advantage of their skills and abilities or otherwise cause harm to their employer. He would also be potentially violating Standard IV(B): Additional Compensation Agreements, which requires charterholders to refuse to accept additional compensation resulting from activity that competes with their employer or might reasonably be expected to create a conflict of interest. Ong would also likely be violating Standard IV: Duty to Employers if he referred another adviser to Mercer without first giving his partners the option to lower their fees. He would be eliminating a business opportunity for the firm, thus potentially harming his firm and the partners.

  2. Incorrect. Ong’s most appropriate response is, “I will need to touch base with my Partners.” Ong has a responsibility to protect the interests of his firm and his partners, according to Standard IV: Duty to Employers. If Ong took the assignment as an individual, he would be potentially harming his firm and his fellow partners. The harm would arise by Ong potentially competing against his firm and thus depriving the firm of his time, skills, and potential source of revenue, because the partners may agree to lower their normal fees to accommodate Mercer. The lower fee could be a loss leader for future projects with the government of the developing country. In particular, if Ong took the assignment as an individual, he would be violating Standard IV(A): Loyalty, which requires charterholders to act for the benefit of their employer (in this case, the employer is Ong’s firm and partners) and not deprive their employer of the advantage of their skills and abilities or otherwise cause harm to their employer. He would also be potentially violating Standard IV(B): Additional Compensation Agreements, which requires charterholders to refuse to accept additional compensation resulting from activity that competes with their employer or might reasonably be expected to create a conflict of interest. Ong would also likely be violating Standard IV: Duty to Employers if he referred another adviser to Mercer without first giving his partners the option to lower their fees. He would be eliminating a business opportunity for the firm, thus potentially harming his firm and the partners.

  3. Incorrect. Ong’s most appropriate response is, “I will need to touch base with my Partners.” Ong has a responsibility to protect the interests of his firm and his partners, according to Standard IV: Duty to Employers. If Ong took the assignment as an individual, he would be potentially harming his firm and his fellow partners. The harm would arise by Ong potentially competing against his firm and thus depriving the firm of his time, skills, and potential source of revenue, because the partners may agree to lower their normal fees to accommodate Mercer. The lower fee could be a loss leader for future projects with the government of the developing country. In particular, if Ong took the assignment as an individual, he would be violating Standard IV(A): Loyalty, which requires charterholders to act for the benefit of their employer (in this case, the employer is Ong’s firm and partners) and not deprive their employer of the advantage of their skills and abilities or otherwise cause harm to their employer. He would also be potentially violating Standard IV(B): Additional Compensation Agreements, which requires charterholders to refuse to accept additional compensation resulting from activity that competes with their employer or might reasonably be expected to create a conflict of interest. Ong would also likely be violating Standard IV: Duty to Employers if he referred another adviser to Mercer without first giving his partners the option to lower their fees. He would be eliminating a business opportunity for the firm, thus potentially harming his firm and the partners.

Guidance for Standards I–VII
  • recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct

可以详细解析下这道题吗?

1 个答案

王暄_品职助教 · 2024年04月10日

嗨,从没放弃的小努力你好:


首先,我们梳理题目中的关键信息:

  • Suzy Mercer,CFA,目前在发展中国家担任资本市场顾问。
  • 在一次地区证券交易会议上,她向Terrence Ong,CFA自我介绍。
  • Ong是Shangri-la Development Associates的合伙人之一,这是一家专门从事发展中国家资本市场扩张的咨询公司。
  • Mercer在介绍时表达了与Ong合作的兴趣。

接下来,分析各个选项:

A. “I will need to touch base with my partners.”(我需要与我的合伙人沟通。)

这个选项表明Ong在考虑合作前会先与合伙人商议,这符合CFA Standard IV: Duty to Employers。这样做能保护公司和合伙人的利益,避免潜在的利益冲突。

B. “I’m not able to take on projects as an individual.”(我不能以个人名义承接项目。)

这个选项虽然表明Ong不会以个人名义承接项目,但并未说明他会如何与合伙人沟通或考虑公司的利益,因此不如选项A全面。

C. “I can refer you to another independent adviser.”(我可以给你介绍另一位独立顾问。)

这个选项直接拒绝了合作,并未考虑与合伙人的沟通和公司的整体利益,因此不符合CFA协会的专业行为准则。

综上所述,Ong的最适当回应是选项A,“我需要与我的合伙人沟通。”这样做既保护了公司和合伙人的利益,也遵循了Duty to Employers。

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努力的时光都是限量版,加油!

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