问题
单项选择题
Billy, CFA, tells a prospective client that the earnings of K＆K Limited will be $10.05 per share next fiscal year. Billy violated:（）
A. Standard Ⅴ(A) Prohibition against Use of Material Nonpublic Information.
B. Standard Ⅳ(B) Distinguish between facts and opinions.
C. Standard Ⅳ(A) Avoid any material misrepresentations.
答案
参考答案：B
解析：
Standard Ⅴ (B) Portfolio Investment Recommendations and Actions. Billy failed to distinguish between facts and opinions. He should have said The earnings K&K Corp.’s earnings are estimated to be" $10.05 per share next fiscal year.