Standard VI(A) - Conflicts of Interest (Katas)

A firm tells clients only that certain entities are affiliated, but it does not explain the nature, magnitude, or extent of financial ties. This disclosure is most likely:

Under Standard VI(A), when a conflict can reasonably be avoided, the member should most likely:

The CFA Curriculum notes that members should be especially careful about which type of conflict source?

An adviser recommends a proprietary fund that pays extra fees to her firm. Even if the fund suits the client, she should most likely:

A portfolio manager’s bonus changes to reward short-term results, and that may conflict with long-term client objectives. She should most likely:

A stock promoter offers a broker extra compensation for selling one issuer’s shares to clients. At minimum, the broker should most likely:

If the nature of a conflict becomes materially worse, disclosures should most likely be:

If a conflict cannot reasonably be avoided, the member must most likely:

A colleague casually asks which adviser a member uses personally. The member mentions her brother, who is an adviser, but gives no professional advice and no referral fee is paid. Under Standard VI(A), this is most likely:

Standard VI(A) says clients should receive disclosures about known conflicts of whose firm?

A member has an unavoidable conflict and has already disclosed it. The CFA Curriculum says the member should also most likely:

A research analyst’s firm has a long underwriting and advisory relationship with an issuer she covers. Her report should most likely:

A member owns stock in a company that he recommends to clients. Under Standard VI(A), he should most likely:

An adviser has personally lent money to a company and then invests client assets in that company without telling clients. The main Standard VI(A) issue is most likely:

A member serves on a company’s board while also providing investment services. The CFA Curriculum says the member should most likely be:

An asset manager uses subadvisers and receives payments from some of them based on client assets placed. The manager should most likely:

A chief investment officer shifts assets to a manager run by an old classmate and tells the employer only later in an annual report. He should most likely have:

A member’s spouse inherits a large holding in a company the member covers. The member should most likely:

When reporting a conflict to an employer, the member should give the employer most likely:

A member personally owns shares in a mining stock and is asked to write a report on that stock. The member should first most likely:

A required conflict disclosure under Standard VI(A) should be most likely: