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Question 5: Ellie Botham, an equity research analyst at the Trust Investment Bank l'TrusF}, disagrees with her research team's buy recommendation for shares of Voicenet

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Question 5: Ellie Botham, an equity research analyst at the Trust Investment Bank l'TrusF}, disagrees with her research team's buy recommendation for shares of Voicenet Ltd., a company that both she and her colleagues have extensively researched over several years. She acknowledges the team's recommendation is based on a welldeveloped process and extensive research, but she feels the team's accepted valuation of the shares is too high based on her assumptions. Despite her opposing view which was extensively discussed and reviewed with her research team, Ellie's name is included on the research report for Voicenet Ltd. to be distributed to all ofTrust's investment clients. It was also discovered that for the last 2 months, Ellie has defaulted on repayments for a bank loan that she obtained from the Wacpac Bank to pay for her recently completed Master's degree tuition. This was due to the issue that her wedding {held 3 months ago) cost more than expected and a freak storm {the day after her wedding) caused signicant damage to her house, with most of the repair cost not covered by insurance. Required: 6. In relation to the Voicenet Ltd. recommendation, in order to avoid violating any CFA Institute Standards of Professional Conduct, it would be least appropriate for Ellie as a CFA member to undertake which of the following actions? a] Insist her name be removed from the report from Trust. b] Leave her name on the report from Trust. c] Require all recommendations by Trust be revised and reissue a new report from Trust

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