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NEW QUESTION: 1
All of the following statements about a member's use of clients' brokerage commissions are true except
A. client brokerage commissions should be commensurate with the value of the brokerage and research services received.
B. client brokerage commissions should be used by the member to ensure that fairness to the client is maintained.
C. client brokerage commissions may be used by the member to pay for securities research used in managing the client's portfolio.
D. client brokerage commissions may be directed to pay for the investment manager's operating expenses.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
This question deals with Standard IV (B.1), Fiduciary Duties and the specific topic of soft dollars. All the answers deal with the use of client brokerage commissions and the criteria for their use - (1) fairness to the client and (2) commensurate with the value of the services provided. The only statement that is not true is that client brokerage commissions may not be directed to pay the investment manager's operating expenses.
NEW QUESTION: 2
HOTSPOT
Answer:
Explanation:
VM2, VM4 and VM5
VM5 only
NEW QUESTION: 3
In Huawei cloud computing solution, in order to enhance the virtual machine's graphics processing power; you can configure the GPU to the virtual machine, which of the following configuration can be included? (Multiple Choice)
A. GPU virtualization
B. GPU pass-through
C. GPU sharing
D. GPU aggregation
Answer: A,B
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