IMC IV

Question 1

What are the 7 headlines of the CFA code of professional conduct

Answer 1

Professionalism
Integrity of Capital Markets
Duties to Clients
Duties to Employers
Investment analysis, recommendations, and action
Conflicts of Interest
Responsibilities as a CFA Institute Member or CFA Program Candidate

Question 2

What type of regulation does the Financial Policy Committee deal with

Answer 2

macro-prudential regulation

Question 3

Concealing, acquiring, possessing and assisting

Answer 3

14 years

Question 4

Failure to report

Answer 4

5 years

Question 5

Knowingly prejudicing an investigation

Answer 5

5 years

Question 6

Tipping off

Answer 6

2 years

Question 7

False or misleading statements

Answer 7

2 years

Question 8

Failure to comply with MLRO

Answer 8

2 years

Question 9

Insider dealing regulations are not applicable to

Answer 9

Assets with no secondary market such as units in unit trusts
Commodities and commodity derivs
OTC Markets
Insurance products

Question 10

When must directors and other persons discharging material responsibilities (PDMR) notify a listed company of any acquisition or disposal of an interest in that company

Answer 10

Within 3 business days after the date of the trade
Listed companies to publish to the market within 2 business days after the trade date

Question 11

If reaching more than 3% of voting shared, when do you need to let whom know

Answer 11

within 2 business days to the company