NO.PZ201604030300004104
问题如下：
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?
选项：
A.No.
B.Yes, because he allowed political factors to influence his decision.
C.Yes, because he is obligated to immediately suspend NGM until he finishes his evaluation.
解释：
A is correct.
Until Locke’s investigation is complete, he has no obligation to suspend the manager or take any other action. He believes the manager can and does add value through superior returns and diversification, and therefore it may be reasonable to retain NGM if Locke can be satisfied that the manager can act within the constraints of the IPS and CFA Institute Standards. Until the analysis is complete, it would not be practical, and Locke would be violating his duty to act in his clients’ best interests by suspending the manager and leaving the assets unmanaged or to temporarily moving them to another manager for safe-keeping.
最后一句implication of political那句，来自政治的压力让他不能解雇这个基金经理，这样不违反独立客观性吗
