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NEW QUESTION: 1
Cindy Hatcher, CFA, has spent the last ten years as a portfolio manager with Bernhardt Capital. While working for Bernhardt, Hatcher was responsible for maintaining and improving the company's code of ethics and guidelines for ethical money management. As a result of Hatcher's efforts, Bernhardt saw a dramatic decline in the number of complaints received from their individual and institutional customers.
One of Bernhardt's direct competitors, Smith Investments, is keenly aware of Hatcher's reputation for ethical business practices and has offered her a job as their compliance officer. Hatcher has been apprised of several potential ethical problems at Smith that she will be directly responsible for fixing through implementation of policies and procedures that will prevent ethical dilemmas. The management at Smith is willing to grant Hatcher the authority to construct and implement policies to eliminate the ethical problems at the company.
Hatcher agrees to accept the position with Smith and resigns from employment with Bernhardt. As her first initiative with the company, Hatcher distributes to all employees at Smith a survey intended to acquaint her with the company's common business practices. Her goal is to identify those factors that are most likely to interfere with Smith's compliance with the CFA Institute's Code of Ethics and Standards of Practice. After collecting and analyzing the anonymous responses to the survey, Hatcher has identified the following four issues as the most frequently cited questionable business practices:
1. Many Smith employees have relatives who are clients of the firm. For relatives* accounts where the Smith employee does not have beneficial ownership, trades are generally executed in conjunction with trades for other discretionary accounts held at the firm. Only in accounts where the Smith employee has beneficial ownership are trades delayed until all discretionary account trading is completed.
2. Many of Smith's employees either personally own or maintain, through a family member, beneficial ownership of stocks that are also held in accounts for many of the firm's clients. While the company maintains a strict disclosure policy to the firm of such beneficial ownership and an "at will" disclosure policy to its clients, employees are not barred from trading these securities for their personal benefit even if their clients also own or have a direct or indirect financial interest in the same securities.
3. Account managers meet weekly to discuss the issues and concerns of the client portfolios managed at the firm. During the meetings it is not unusual for individual clients to be identified and discussed.
Information regarding the client's holdings and investment strategy is discussed as well as persona! needs related to the client's portfolio. The meetings are held in order to provide guidance and continuing education to all of the firm's account managers.
4. At the suggestion of fixed-income analysts at the firm, most of the portfolio managers working for Smith have been adding B-rated corporate fixed-income securities to their portfolios. Analysts originally made (and continue to make) the suggestion due to the attractive yield potential offered by this class of investments. Smith's portfolio managers were thrilled with the idea since the returns on many of the portfolios' equity positions have been stifled by high profile accounting scandals.
Management at Smith Investments has been pleased with Hatcher's efforts so far but is concerned about the firm's ability to maintain compliance with the CFA Institute's Global Investment Performance Standards (GIPS®). The managing director of the firm, Erich Prince, has made the following comments to Hatcher:
"I am concerned that we will not be able to claim compliance with GIPS at the end of the year since our new information system has inhibited our ability to include terminated portfolios in the historical record up to the last full measurement period before they were terminated. Also, we are unable to regroup portfolios that utilize hedging into separate composites from those that do not utilize hedging. These portfolios are currently grouped according to traditional value and growth strategies based on the capitalization of portfolio holdings (i.e., large vs. small)." Hatcher eases Prince's mind by telling him she will "ensure full compliance with GIPS by the end of the quarter." Hatcher is concerned about Smith's policies related to disclosure of beneficial ownership of securities.
Determine if Smith's disclosure policies are in violation of the CFA Institute Code and Standards and suggest a strategy to eliminate the violation if one exists.
A. The policy violates the Code and Standards and can be fixed by requiring written disclosure to clients regarding Smith employees with beneficial ownership of conflicting securities.
B. The policy violates the Code and Standards and can be fixed by barring employees from trading the conflicting securities.
C. This particular policy does not violate the Code and Standards.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Standard VI(A) requires that conflicts of interest be disclosed to clients and prospects. This disclosure applies to beneficial ownership of securities that could affect the impartiality of the professional's investment recommendations or actions. Smith's policy of optional disclosure to clients and prospects is not strict enough. Disclosure is mandatory. (Study Session 1, LOS 2.a)

NEW QUESTION: 2
Sie stellen fest, dass VM3 die technischen Anforderungen NICHT erfüllt.
Sie müssen überprüfen, ob das Problem mit den NSGs zusammenhängt.
Was solltest du verwenden?
A. IP-Flussüberprüfung in Azure Network Watcher
B. Diagramm in VNet1
C. Diagnose und Behebung von Problemen in Traffic Manager-Profilen
D. Diagnoseeinstellungen in Azure Monitor
E. Die Sicherheitsempfehlungen in Azure Advisor
Answer: A
Explanation:
Scenario: Contoso must meet technical requirements including:
Ensure that VM3 can establish outbound connections over TCP port 8080 to the applications servers in the Montreal office.
IP flow verify checks if a packet is allowed or denied to or from a virtual machine. The information consists of direction, protocol, local IP, remote IP, local port, and remote port. If the packet is denied by a security group, the name of the rule that denied the packet is returned. While any source or destination IP can be chosen, IP flow verify helps administrators quickly diagnose connectivity issues from or to the internet and from or to the on-premises environment.
References:
https://docs.microsoft.com/en-us/azure/network-watcher/network-watcher-ip-flow-verify-overview

NEW QUESTION: 3
ネットワークエンジニアがshow crypto ipsec saコマンドを実行すると、3つの情報が出力に表示されますか？ （3つ選択）
A. untagged packets
B. invalid identity packets
C. remaininig key
D. tagged packets
E. path MTU
F. inbound crypto map
Answer: C,E,F