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Dave Jones is a compliance officer at a large brokerage house. As part of his job description he is required to put in place procedures to ensure that all trades are allocated fairly and accurately, and in a timely and efficient manner. In terms of CFA Institute's Standards of Professional Conduct per Standard:
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IV). Establish procedures for determining material change in opinions.
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B. I and III only.
C. All of the above.
Answer: A
Explanation:
Establishing procedures for determining material change in opinions is not a specific procedure to ensure that all trades are allocated fairly and accurately, and in a timely and efficient manner.
NEW QUESTION: 2
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Answer: B
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D. Fiber Fabric
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