NO.PZ201604030300004802
问题如下:
2. Does Danko violate CFA Institute Standards when he directs trades to FTI?
选项:
A.
No.
B.
Yes, because by trading with FTI, Danko is putting PIA’s interests ahead of his clients.
C.
Yes, because Danko has a duty to provide FTI’s research to PIA’s clients before executing trades.
解释:
A is correct.
Danko directs his trading with FTI only after taking into account FTI’s ability to provide best execution. There is no indication that FTI requires a certain amount of trading for access to the website, only that access is provided in exchange for orders. This arrangement for trading in return for research services is discussed in the Guidance to the Standards under Standard III(A).
解释一下答案,没看懂