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Vicky2019 · 2020年03月29日

问一道题:NO.PZ2018062009000003

问题如下:

Carter is a financial analyst in Alpha Investment. He is asked to write a report about the Beta Group, which belongs to one of Alpha's shareholders. What should Carter do based on Standard VI(A) Disclosure of Conflicts?

选项:

A.

Carter should reject the request of writing report about Beta as the special relationship between Alpha and Beta.

B.

Carter can write facts about the Beta Group, but not allow to state his opinion.

C.

Carter can write the report as long as fully disclose the relationship between Alpha Investment and the Beta Group.

解释:

C is correct.

According to Standard VI(A) Disclosure of Conflicts, members must fully disclose to clients and prospects all actual and potential conflicts of interest to protect investors. Therefore, as long as the special relationship between Alpha Investment and the Beta Group is disclosed, Carter can write this report.

对于这类型问题,是不是无论列入restricted list 与否,都必须披露,我原以为列入list就不纳入研究范围,即没必要披露了

1 个答案

发亮_品职助教 · 2020年03月31日

嗨,努力学习的PZer你好:


对于这道题的情况需要披露,需要披露公司的特殊关系。原则就是:存在潜在的利率冲突时,需要披露。

但是,并不是所有的Restrict list都要披露,有时候加入到Restrict list里面,就是因为分析师具有内幕信息,所以才把股票加到List里,这时候就不能披露。

因为披露关系,就相当于向外界传达了可能存在内幕信息的消息,哪怕没有告诉外界内幕信息是啥,仅仅是说投行部门正在对某某公司进行兼并重组,这种披露会暴露兼并重组的内幕信息。


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努力的时光都是限量版,加油!


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