NO.PZ2016032802000006
问题如下:
Folic Gray, CFA, a portfolio manager in an investment company. Recently, he manages a portfolio for his client which pays more attention to the pharmaceuticals industry's stocks. Folic wants to get a better performance of this portfolio, so, on a road show, he creates a rumor that, "the pharmaceuticals industry's stocks have some good news recently which worth investing." Depending on this statement, many investors invest in the pharmaceuticals industry's stocks which leads to dramatically higher stock prices. Has Folic violated the Standard on II(B) Market Manipulation?
选项:
A.
No, he can do this to increase the stock prices.
B.
Yes, his action is a violation of this standard.
C.
Yes, unless he discloses this to his client.
解释:
B is correct.
According to Standard II(B) Market Manipulation, Folic creates a rumor which leads to dramatically higher stock prices is a violation of this standard which called information-based manipulation.
为什么不可以说市场有利好消息,值得去投资呢?