Tony Calaveccio, CFA, is the manager of the Trust-Co Small Cap Venture Fund in Toronto. He places trades for the fund with Worldwide Brokerage. Worldwide suggests to Calaveccio that they are willing to provide him with additional compensation for order flow. Is this permissible under the Code and Standards()
A. Yes, if he receives written consent from Trust-Co and discloses the arrangement to his clients and prospects.
B. Yes, if he discloses the arrangement in writing to Trust-Co.
C. Yes, if he obtains written permission from Trust-co and his clients and prospects.
参考答案:A
解析:
In conformance with Standard Ⅳ (B), Calaveccio is required to obtain written consent from Trust-Co. In conformance with Standard Ⅵ (C), he is also required to disclose the additional compensation to clients and prospects. Written permission from his clients and prospects is unnecessary.