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9) A quantitative analyst, Selden, returns from a seminar in great excitement. At that seminar, Jack Jorrely, a well-known quantitative analyst at a national brokerage

9)

A quantitative analyst, Selden, returns from a seminar in great excitement. At that seminar, Jack Jorrely, a well-known quantitative analyst at a national brokerage firm, discussed one of his new models in detail, and Selden is intrigued by the new concepts. He tests the model, and after making minor mechanical changes, produces some very positive results. Selden quickly announces to his supervisors and clients that he has developed a new model. They are impressed with his innovation and ability to add value. Selden's conduct is

Group of answer choices

acceptable because he paid for seminar to obtain new investing ideas.

unacceptable.

acceptable since he informed to his supervisor.

acceptable since he made changes to Jorrelys model.

10)

According to CFA Standard of Professional Conduct I(C) Misrepresentation (Links to an external site.), which of the following statements about the prohibition against plagiarism is most correct?

Group of answer choices

The prohibition against plagiarism applies to written materials only.

The prohibition against plagiarism applies to written materials, oral communications, and telecommunications.

The prohibition against plagiarism applies to written materials and oral communications only.

The prohibition against plagiarism applies to oral communications, and telecommunications.

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