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NEW QUESTION: 1
Steffanie Graff is an investment advisor with Wimbledon Advisors, Inc. She recently obtained her CFA charter, reflected on her new business cards. In a meeting, she told a couple of her new clients something to the effect of the following: "I have a long record of successful investment advises, which have led my client accounts to have an annual return of 32% over the past 3 years. I am sure you will be quite satisfied with my performance." In reality, a large part of this return was caused by a very lucky coincidence wherein one of the penny stocks in a client account registered a 200% increase over a short time due to a takeover.
Without this, her client accounts would have averaged less than S&P500 on a risk-adjusted basis. Has Stephanie violated the code of ethics?
A. Yes, since her presentation of her own performance is in violation of the AIMR-PPP.
B. Yes, because she has misused her CFA charter to imply superior performance.
C. Yes, because the statements misrepresent her track record.
D. No, because the statements are factual and she has not promised any future returns.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Standard IV (B.6) - Prohibition against Misrepresentation.

NEW QUESTION: 2
Policies, procedures and end-user training are effective ways to mitigate:
A. attempted DDoS attacks
B. man-in-the-middle attacks
C. zero-day attacks
D. social engineering attempts
Answer: C
Explanation:
https://www.sans.org/reading-room/whitepapers/bestprac/defenses-zero-day-exploits-various-sized-organizations-
35562

NEW QUESTION: 3
What is the advantage of ubiquitous access?
A. It has seamless integration with LDAP
B. It allows organizations to decrease delivery channels
C. It may decrease internal operating costs
D. It leverages standard APIs for integration
Answer: C