问题如下图：
选项：
A. 
B. 
C. 
解释：
NO.PZ2016032801000017 问题如下 Anra portfolio manager for XYZ Investment Management Company — a registereinvestment organization thaises investment firms anprivate accounts — wpromoteto thposition three years ago. Bates, her supervisor, is responsible for reviewing Anrb’s portfolio account transactions anher requiremonthly reports of personstotransactions. Anrb hbeen using Jonelli, a broker, almost exclusively for brokerage transactions for the portfolio account. For securities in whiJonelli’s firm makes a market, Jonelli hbeen giving Anrb lower prices for personpurchases anhigher prices for personsales thJonelli gives to Anrb’s portfolio accounts another investors. Anrb hbeen filing monthly reports with Bates only for those months in whishe hno persontransactions, whiis about every fourth month. Whiof the following is most likely to a violation of the Co anStanr? A.Anrb faileto sclose to her employer her persontransactions. B.Anrb ownethe same securities those of her clients. C.Bates alloweAnrb to use Jonelli her broker for persontras. A is correct.This question involves three of the Stanr. Anrthe portfolio manager, hbeen obtaining more favorable prices for her personsecurities transactions thshe gets for her clients, whiis a breaof StanrIII(–Loyalty, Prunce, anCare. In aition, she violateStanrI( –Misconfailing to aere to company polianhing her persontransactions from her firm. Anrb’s supervisor, Bates, violateStanrIV(–Responsibilities of Supervisors; although the company hrequirements for reporting persontrang, Bates faileto aquately enforthose requirements. Answer B es not represent a violation because StanrVI(–Priority of Transactions requires thpersontrang in a security concteafter the trang in thsecurity of clients anthe employer. The Co anStanr not prohibit owning suinvestments, although firms mestablish policies thlimit the investment opportunities of members ancantes. Answer C es not represent a violation because the Co anStanr not contain a prohibition against employees using the same broker for their personaccounts ththey use for their client accounts. This arrangement shoulscloseto the employer so ththe employer mtermine whether a confliof interest exists. Bate作为supervisor没有制止这种情况发生，难道不算是违反stanr？
NO.PZ2016032801000017问题如下Anra portfolio manager for XYZ Investment Management Company — a registereinvestment organization thaises investment firms anprivate accounts — wpromoteto thposition three years ago. Bates, her supervisor, is responsible for reviewing Anrb’s portfolio account transactions anher requiremonthly reports of personstotransactions. Anrb hbeen using Jonelli, a broker, almost exclusively for brokerage transactions for the portfolio account. For securities in whiJonelli’s firm makes a market, Jonelli hbeen giving Anrb lower prices for personpurchases anhigher prices for personsales thJonelli gives to Anrb’s portfolio accounts another investors. Anrb hbeen filing monthly reports with Bates only for those months in whishe hno persontransactions, whiis about every fourth month. Whiof the following is most likely to a violation of the Co anStanr?A.Anrb faileto sclose to her employer her persontransactions.B.Anrb ownethe same securities those of her clients.C.Bates alloweAnrb to use Jonelli her broker for persontras.A is correct.This question involves three of the Stanr. Anrthe portfolio manager, hbeen obtaining more favorable prices for her personsecurities transactions thshe gets for her clients, whiis a breaof StanrIII(–Loyalty, Prunce, anCare. In aition, she violateStanrI( –Misconfailing to aere to company polianhing her persontransactions from her firm. Anrb’s supervisor, Bates, violateStanrIV(–Responsibilities of Supervisors; although the company hrequirements for reporting persontrang, Bates faileto aquately enforthose requirements. Answer B es not represent a violation because StanrVI(–Priority of Transactions requires thpersontrang in a security concteafter the trang in thsecurity of clients anthe employer. The Co anStanr not prohibit owning suinvestments, although firms mestablish policies thlimit the investment opportunities of members ancantes. Answer C es not represent a violation because the Co anStanr not contain a prohibition against employees using the same broker for their personaccounts ththey use for their client accounts. This arrangement shoulscloseto the employer so ththe employer mtermine whether a confliof interest exists.请问为什么违反了三A和一
为什么C是错的呢？是因为本题没有体现吗？
