为什么选B呢

问题如下：

Is McGuinn’s proposed compliance officer structure most likely consistent with the CFA Institute Code and Standards?

选项：

A.Yes. B.No, with regard to policies and procedures. C.No, with regard to authority and responsibility.

解释：

Solution

1. Incorrect because Forster’s adoption of the CFA Institute Code and Standards does not necessarily imply that they currently have in place proper policies and procedures to ensure compliance with the Code and Standards and local legal and regulatory requirements.

2. Correct. Forster’s adoption of the CFA Code and Standards does not necessarily imply that they currently have in place proper policies and procedures to ensure compliance with the Code and Standards and local legal and regulatory requirements. According to Standard IV(C)–Responsibilities of Supervisors, if a compliance system is non-existent or if an existing compliance system is inadequate, a member should not accept supervisory responsibility until the firm adopts reasonable procedures to allow adequate exercise of supervisory responsibilities. McGuinn should thus undertake a review prior to accepting the position, ascertaining that proper policies and procedures are in place. McGuinn’s authority and responsibility appear to have been clearly defined through his written terms of reference, and he was given authority to implement needed changes. McGuinn would be required, however, to supervise and coordinate the implementation through the human resources department.

3. Incorrect because McGuinn’s authority and responsibility appear to have been clearly defined through his written Terms of Reference and he is being given authority to implement needed changes. McGuinn would be required, however, to supervise and coordinate the implementation through the human resources department

Guidance for Standards I–VII

• demonstrate a thorough knowledge of the CFA Institute Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations