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NEW QUESTION: 1
Institutional Investments is a fund management firm that provides investment advice as well as investment management to large client accounts. I.I.'s senior portfolio manager, Richard Fineman's cousin, Alberto Onestone, runs a small brokerage firm. Fineman has directed all of his junior portfolio managers to execute their trades with Alberto. Alberto's fees are higher than those available from discount brokers but Alberto provides Fineman and his managers a wealth of investment tips that he hears on the street. This helps Fineman in producing a successful investment newsletter. This helps enhance I.I.'s reputation, attracting new clients and allowing lower fees on all the accounts. Since the client accounts benefit from this arrangement, Fineman's managers do not think the practice is unethical. The relationship between Fineman and Onestone is not explicitly disclosed to the clients. You are currently interviewing with them for the position of a portfolio analyst. As a CFA Level I candidate, they portray the above situation as a hypothetical case and ask you if there are any violations of the AIMR code of Ethics that they have heard about. Your response should be which of the following?
I. Fineman and his managers are violating Standard IV (B.1) - Fiduciary Duties since they are not executing the trades at the lowest price available.
II. Fineman and his managers are violating Standard IV (B.1) - Fiduciary Duties since they are using client brokerage to pay for services that do not directly benefit them.
III. Fineman and his managers are violating Standard IV (B.7) - Disclosure of Conflicts to Clients and Prospects.
IV. Fineman and his managers are not violating the Code as far as you can tell from the details given.
A. II and III only
B. I, II and III
C. IV only
D. II only
Answer: A
Explanation:
Explanation/Reference:
Explanation:
By not revealing the relationship between Fineman and Onestone - which is clearly a source of conflict of interest - the managers of Institutional Investors are in violation of Standard IV (B.7) - Disclosure of Conflicts to Clients and Prospects. Further, while there is a symbiotic relationship between I.I. and Onestone to the extent that both the parties gain, the clients who pay higher brokerage lose. Even though the practice leads to lower fees, it is not clear that the clients get benefits worth the cost incurred on their accounts. Further, there is a clear sense of impropriety in the setup. Unless the excess brokerage directly benefits the client accounts, this case is a violation of Standard IV (B.1) - Fiduciary Duties.

NEW QUESTION: 2
A deployment professional has created a new SAML 2.0 Service Provider federation and added anIdentity Provider partner.
What will be the next step to allow users to single sign-on to the service?
A. Create a certificate to sign SAML messages
B. Configure trigger URL
C. Upload a mapping rule
D. Import Identity Provider metadata
Answer: C

NEW QUESTION: 3
Power System E880Cをお持ちのお客様は、Power System E980へのモデル変換を検討しています。現在Elastic CoDが有効になっています。
Power System E980でElastic CoDを使用し続けるには、次のうちどれを完了する必要がありますか？
A. Power System E980のアップグレードMES注文を行う際に、静的アクティベーションをモバイルアクティベーションに変換します。
B. Power System E980用にアップグレードMESを発注するときに、Utility CoD使用可能化機能を並べ替えます。
C. Power System E980用にアップグレードMESを発注するときにElastic CoD対応機能を並べ替えます。
D. Power System E980のアップグレードMES注文を行う際のElastic CoDの使用料を前払いします。
Answer: D
Explanation:
Explanation
References:

NEW QUESTION: 4
Which three statements are true about an EtherChannel? (Choose three.)
A. PAGP and LACP can be configured on the same switch if the switch is not in the same EtherChannel.
B. Ports with different spanning-tree path costs can form an EtherChannel.
C. EtherChannel ports in suspended state can receive BPDUs but cannot send them.
D. LACP can operate in both half duplex and full duplex, if the duplex setting is the same on both ends.
E. An EtherChannel forms between trunks that are using different native VLANs.
Answer: A,B,C
Explanation:
Answer A: EtherChannel groups running PAgP and LACP can coexist on the same switch or on different switches in the
stack. Individual EtherChannel groups can run either PAgP or LACP, but they cannot interoperate.
Answer B:
EtherChannel Member Port States
Port States Description
bundled The port is part of an EtherChannel and can send and receive BPDUs
and data traffic.
suspended The port is not part of an EtherChannel. The port can receive BPDUs
but cannot send them. Data traffic is blocked.
standalone The port is not bundled in an EtherChannel. The port functions as a
standalone data port. The port can send and receive BPDUs and data
traffic.
Answer E: Ports with different spanning-tree path costs can form an EtherChannel if they are otherwise compatibly configured.
Setting different spanning-tree path costs does not, by itself, make ports incompatible for the formation of an EtherChannel.
Reference: http://www.cisco.com/c/en/us/td/docs/switches/lan/catalyst2960x/software/15-0_2_EX/layer2/configuration_guide/b_lay2_152ex_2960-x_cg/b_lay2_152ex_2960-x_cg_chapter_010.html