An analyst receives a report from his research department that summarizes and interprets a recent speech from the chairman of the U. S. Federal Reserve. The summary says that the chairman thinks inflation is under control. Based upon this summary, the analyst says in his next newsletter that inflation is under control. This is a violation of:()
A. none of the Standards listed here.
B. Standard Ⅴ (B), Communication with Clients and Prospective Clients, only.
C. Standard Ⅴ (A), Diligence and Reasonable Basis, and Standard Ⅴ (B), Communication with Clients and Prospective Clients.
参考答案:C
解析:
The analyst should verify that the research department has interpreted the chairman’s speech correctly. The analyst must make it clear that the statement concerning inflation is only an opinion. No one knows if that is true or not at any point in time. Based upon the given information, we cannot say that the analyst is violating only one standard. The analyst may also be violating plagiarism in accordance with Standard Ⅰ (C), Misrepresentation. Hence, the answer citing the two standards and not limiting violations to just those two standards is the best answer.