问题
单项选择题
While trading on behalf of a pension account, an analyst receives special research reports from the brokerage firm with whom she is doing the trades. Such an activity is:（）
A. a violation of both Standard Ⅲ (A), Loyalty, Prudence, and Care, and the Code of Ethics. B. a violation of only The Code of Ethics.
C. not in itself a violation of Standard Ⅲ (A), Loyalty, Prudence, and Care, nor the Code of Ethics.
答案
参考答案：C
解析：
An analyst can receive research from a brokerage firm with whom she is trading on behalf of a client. The analyst should inform the client of the arrangement. The client is more likely to violate Standard Ⅲ(A) by obtaining non-research services or, worse yet, personal benefits from the brokerage firm.