NO.PZ2016032802000002
问题如下：
Beth Brown, CFA, was a portfolio manager of Cherry Investment. Recently, she received two tickets of a famous concert from her client Tony which are hard to buy. Tony just wanted to express the gratitude for the excess income he got from the portfolio. Beth accepted the tickets without disclosing this to her employer. Beth most likely:
选项：
A.violated the standards by failing to disclose the tickets to her employer.
B.complied with the standards because this was what she deserved.
C.violated the standards by accepting the tickets.
解释：
A is correct.
According to Standard I(B) Independence and Objectivity, Beth could accept the tickets as long as she disclosed this to her employer in advance.
同学注意本题的主人公是一名portfolio manager，所以是可以收客户奖励的贵重礼物。这里再次给同学们明确analyst及portfolio manager收礼的规则：
上市公司给的一般性礼物可以收，并不需要披露
上市公司给的贵重礼物，一律不能收，披露也不行。因为从外人的角度看来，上市公司在影响你的独理客观性。
作为Portfolio Manager：
客户给的任何礼物都需要披露给雇主并收到了雇主同意才能收。（当然有的公司如果有要求，例如100美金以下可以不用披露，那就遵守公司规定，不用披露）
如果portfolio manager收了客户A的礼物 这件事情让该protfolio manager手下管理的其他客户BCD知道了 这件事不会让其他客户怀疑这个portfolio manager的独立客观性么？比如以后下单优先给客户A先下这种？我记得何老师上课讲如果收礼物这件事会让别人怀疑你的独立客观性 就是不能收的，还是说怀疑独立客观性这个衡量标准只适用于analyst？那portfolio manager如果收了礼物被其他客户怀疑独立客观性也不算违背I(B)么？
