ltraboo 10 According to the Standards of Practice Handbook, an investment his client is engaged in an illegal activity should: an investment manager who learns that A. seek legal counsel B. inform legal authorities C disclose the activity to the CFA Institute 11. Which of the following is most likely to be a key feature of GIPS standa A. Rely on the integrity of input data B. Address every aspect of performance measurement C. Have evolved over time to focus primarily on returns 12. According to the CFA Institute Standards of Practice Handbook, which of the following compliance procedures are members and candidates least likely recommended to consider? A. Prohibiting employee participation in equity-related IPOs. B. Offering different levels of service to clients on a selective basis. C. Limiting the number of employees who will know that a recommendation is to be disseminated. 13. Standard I (A)- Knowledge of the Law, requires members and/or candidates to: A. Document a violation when disassociating themselves from an illegal activity B. Have detailed knowledge of all the laws that could potentially govern their activities C. Abide by the rules and regulations related to the administration of the CFA examination 14. When establishing trade allocation procedures for client portfolios, members and candidates e ilek radi te execution price and charging the same commission. B. Execution price and commission on first in first out basis. C. Same execution commission and execution price based on first in first out basis