All CFA Institute members and candidates must

Group of answer choices

Register with the SEC

Register with the New York Stock Exchange

Comply with the CFA Code of Ethics and Standards

None of the above

Flag question: Question 4

Question 41 pts

The mosaic theory of information describes an analyst's gathering of ________________ to form an opinion:

Group of answer choices

Nonmaterial and/or public information

Material and/or public information

Nonmaterial and/or private information

None of the above

Flag question: Question 5

Question 51 pts

Information that is not widely disseminated is

Group of answer choices

Nonpublic information

Public information

Mosaic theory information

All of the above

Flag question: Question 6

Question 61 pts

Information that a publicly traded firm released in a group of a small number of analysts is an example of:

Group of answer choices

Public disclosure

Public discourse

Selective disclosure

None of the above

Flag question: Question 7

Question 71 pts

What is a key point that makes information material?

Group of answer choices

If the information is important enough for the price of a security to be affected

If a reasonable investor would want to know the information before making an investment decision

The reliability of the source of the information

All of the above

Flag question: Question 8

Question 81 pts

Market integrity means that investors are confident that:

Group of answer choices

Capital markets are transparent

Investment prices reflect genuine forces of supply and demand

Capital is being allocated in a fair, orderly, and sufficient amount

All of the above

Flag question: Question 9

Question 91 pts

Information-based manipulation includes:

Group of answer choices

Includes "pump and dump" schemes

Spreading false information

Are ethical sanctioned investment schemes

Both A & B

Flag question: Question 10

Question 101 pts

Layering means:

Group of answer choices

Where multiple non-bona fide orders are entered on one side of the market at various price levels away from the best bid or offer in order to create the appearance of a change in the levels of supply and demand followed by executing an order on the opposite side of the market at the artificially created price.

Where multiple bona fide orders are executed at the market price

When multiple bona fide orders are layered outside the bid-offer

All of the above