ETHICS

Question 1

Gifts from a client are distinguished from gifts from entities attempting to influence the Portfolio Manager’s behavior. Therefore, when receiving a gift from a client, it needs to be _____________, in order to remain in compliant with the Standards of Practice

Answer 1

disclosed to the employer NOTE: if the gift is subject of future performance, than Permission would be REQUIRED/

Question 2

Within a business, it is the employer’s duty to decide whether or not an employee’s loyalty is affected by a __________; and it is the employees responsibility to _________ in order to remain compiant with Standard IV(B) on Additional Compensation Arrangments.

Answer 2

additional compensation arrangement; notify his employer in writing