Schweser Volume 2 Practice Exam 3, Question 23.6

CFA Level III
#1

I do not understand how the answer is A. I feel the answer should be B because: (i) periodic reminders are not strong enough to qualify as education on compliance procedures (ii) Hundt is the Director of Research and he should not be supervising an investigation - this could be a conflict of interest

#2

Any thoughts?

#3

Just got this wrong…looks like periodic updates and education are only a recomendation. Not requirement

#4

Doesn’t mean he is not stressing on education , he is going over and above that by pro-actively reminding. As director of research , he is supposed to ensure that research did not miss this one . I can argue endlessly and so can you . Incidentally I got this one right , but could have been wrong if CFAI was posing the q’s

#5

But a director of research should not be part of an investigation - this could be a conflict of interest. Hence the answer should not be A - I confirmed with Schweser.