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NEW QUESTION: 1
When an investment manager uses client brokerage to purchase research services that benefit the investment manager; this is known as ________.
A. through-research agreements
B. shifting agreements
C. under-the-table agreements
D. bartering arrangements
E. soft dollars
Answer: E
Explanation:
Explanation/Reference:
Explanation:
An investment manager often has discretion over the selection of brokers executing transactions. Conflicts arise when an investment manager uses client brokerage to purchase research services that benefit the investment manager, which is commonly called "soft dollars," "soft pounds," or "soft commissions." Whenever a manager uses such client brokerage to purchase services that benefit him, as a fiduciary, he must disclose to clients the methods or policies followed to address the potential conflict.

NEW QUESTION: 2



A. Option A
B. Option D
C. Option B
D. Option C
Answer: D

NEW QUESTION: 3
Which of the following descriptions are incorrect about the OSPF Router ID? (Multiple Choice)
A. The router ID must be the IP address of an interface of the router.
B. The router ID must be specified by manual configuration.
C. The prerequisite for the normal operation of OSPF protocol is that the router has a router ID.
D. The router IDs must be the same in the same area. The router IDs in different areas can be different.
Answer: A,B,D