An analyst has been asked to manage a commingled fund for an investment club for a fee in his spare time. he agrees to do so and use the information gained from his full time work place. He ahs voileted std becoz a.the work competing with his employer b. has not informed employer and obtained approval in writting c. because he wants to use information gained at work
B
A and C are not wrong per se. B is the answer.
B Not A - We don’t know specifically what he does at work. Not C - That is why he has to take inform employer and obtain approval. He could use the information if it is non-material, non-public or material, public
the answer is C how about this one According to ROS 1. covered employees shd not trade and invest in the subject company they are covering 2. disclosure of conflict of interest should appear at the back cover of the research report. which one is correct a. 1 b. both c. none
- should not? isnt it required that they dont trade in these names? 2. should be on front, not back I say C - none
Did they give any explanation on why C is the right answer? For the second one, I choose C
yes because all they need it just prior approval to trade