QUESTIONS 1 THROUGH 18 RELATE TO ETHICAL AND PROFESSIONAL STANDARDS.

6.

Colleen O’Neil, CFA, manages a private investment fund with a balanced global investment

mandate. Her clients insist that her personal investment portfolio replicate the investments

within their portfolio to assure them she is willing to put her money at risk. By undertaking

which of the following simultaneous investment actions for her own portfolio would O’Neil most

likely be in violation of Standard VI (B) Priority of Transactions?

A. Sale of a listed U.S. blue chip value stock

B. Participation in a popular frontier market IPO

C. Purchase of a UK government bond in the primary market