WITH RESPECT TO THE THIRD ISSUE IN THE EXECUTIVE SUMMARY IN EXH...

15. - CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A
CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A

15. With respect to the third issue in the executive summary in Exhibit 1, did Epic Advisers adhere to

The Code in establishing an effective compliance department?

A. Yes.

B. No, since The Code recommends that an entire compliance department should have been

established at Epic Advisers.

C. No, since The Code recommends that the CCO should have reported his findings directly to

the regulator.