CONSIDERING THE INFORMATION THAT BASSETT DISCLOSES TO MANN ABOU...

10. - 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

10. Considering the information that Bassett discloses to Mann about the proxy voting process at

CIM, it is most likely that this process:

A. complies with CFA Institute Standards.

B. fails to comply with CFA Standards since all proxies should be voted on by managers.

C. fails to company with CFA Standards since firms should establish a formal proxy voting

policy and disclose this to clients.