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yan · 2025年02月05日

为什么B不对,请解释一下,谢谢

* 问题详情,请 查看题干

NO.PZ201604030300004302

问题如下:

2. Are Jollie’s 8 April trade of the second bond and Mahsud Financial’s policy on market manipulation, respectively, consistent with CFA Institute Standards on market manipulation?

选项:

A.

Both Jollie’s 8 April trade of the second bond and Mahsud Financial’s policy on market manipulation are consistent with CFA Institute Standards.

B.

Jollie’s 8 April trade of the second bond is inconsistent and Mahsud Financial’s policy on market manipulation is consistent with CFA Institute Standards.

C.

Jollie’s 8 April trade of the second bond is consistent and Mahsud Financial’s policy on market manipulation is inconsistent with CFA Institute Standards.

解释:

A is correct.

Jollie’s transaction is a legitimate market order in a thinly-traded security, and Mahsud Financial’s policy statement is consistent with CFA Institute Standards relating to the Integrity of Capital Markets.

为什么B不对,请解释一下,谢谢

1 个答案

小刘_品职助教 · 2025年02月05日

嗨,努力学习的PZer你好:


Jollie在8月8日交易第二只债券,她是为了重新平衡Mahsud Financial公司的一个投资组合,虽然她知道这只债券交易不活跃,自己的交易将对债券的市场价格产生重大影响,但她并没有制造价格波动的意图。市场操纵主要禁止的是出于误导市场参与者的意图而进行的交易行为,这种情况下,Jollie 的交易是出于正常的投资组合管理目的,并非为了操纵市场价格。

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