NO.PZ2023021602000057
问题如下:
Chris Rodriguez, CFA, is a portfolio manager at Nisqually Asset Management, which specializes in trading highly illiquid shares. Rodriguez has been using Hon Securities Brokers almost exclusively when making transactions for Nisqually clients, as well as for his own relatively small account. Hallways executes Rodriguez's personal trades at a more preferential price than for Rodriguez’s clients' accounts. This special pricing occurs regardless of whether or not Rodriguez personally trades before or after clients. Rodriguez should least likely do which of the following in order to comply with the CFA Institute Standards of Professional Conduct?选项:
A.Trade client accounts before his own account. B.Eliminate the exclusive trading arrangement. C.Average trade prices across all trading accounts.解释:
Rodriguez is in violation of Standard IV(A): Loyalty, which requires that, in matters related to their employment, members and candidates must act for the benefit of their employer and not deprive their employer of the advantage of their skills and abilities, divulge confidential information, or otherwise cause harm to their employer. Rodriguez should not accept the special treatment from Hon; instead, he should ask Hon to lower costs for the transactions of his Nisqually clients. Rodriguez should not average transaction costs because his clients should be given the lower preferential prices according to Standard III(A): Loyalty, Prudence, and Care.可以帮忙讲解一下这个题目吗