主要是4/5/6三道题目，主要的问题是似乎题目涉及的问题并不是standard任何原文，而是实务问题，似乎没有办法考虑：
After the meeting, Locke is not satisfied with Black’s comments and decides that further action is required. He also decides that he will allow NGM to continue to manage Fund assets until he finishes his evaluation. This decision is based on the superior returns of the NGM-managed assets, the significant diversification this portfolio adds to the Fund, and also the political implications of firing the local money manager.
(Institute 212)
4、After his initial meeting with Black, does Locke’s decision to allow NGM to continue managing the portfolio violate the CFA Institute Standards of Professional Conduct?
No.
Yes, because he allowed political factors to influence his decision.
Yes, because he is obligated to immediately suspend NGM until he finishes his evaluation.
(Institute 212)
此题题干有叙述，black已经违反了ips，我认为这题也可以选c，答案认为马上suspend有违客户利益，而我认为允许一个违反ips的manager继续管理才是有违客户利益，到底选a还是选c似乎并不能从教材原文得到答案，我觉得这似乎是个实务问题，不明白这个度如何掌握，尤其是后面还有第6题，经过一个继续的询问过程，最终还是把这个manager解雇了，第6题就可以解雇，第四题就可以允许继续管理，之间只差了一个询问过程，我觉得这里很难判断。
“I will mail you a copy of our new procedures stating that trade allocations must be reviewed at the end of each month against clients’ IPS. It also says that interest will be credited to accounts that have been incorrectly allocated shares and debited from those accounts that should have received shares.”
(Institute 212)
5. With regard to Locke’s condition regarding trade allocation, does Black’s response violate the CFA Institute Standards of Professional Conduct with respect to allocation reviews and interest adjustments, respectively?
Yes.
No, it violates the standards only with respect to allocation reviews.
No, it violates the standards only with respect to interest adjustments.
(Institute 212-213)
每个月review allocation这个频率对吗，教材原文似乎没提到，而后面账户利息和股票错误配置的处理问题似乎完全是实务问题，这个没接触过怎么做啊？似乎已经不是道德问题了，三级道题题目都是这样吗？
