A CFA Institute member conscientiously maintains records of changes in security regulations. The member notices that his colleagues do not, and does NOT say anything. Is this a violation of Standard I(A)?
A) Yes, because the member is bound by the Code of Ethics.
B) Yes, and the member should disassociate from these colleagues.
C) No, as long as the colleagues do not violate the new rules.
@[582498:iwantgovtjob]
Is it C
@[574426:iPrateek] - na as per scswer its A
Ahhh these one\s are nasty...
can someone explain me a covered call and a protective put?? and the payoffs !!! 
@Ratika2010 said: can someone explain me a covered call and a protective put?? and the payoffs !!!
Simply said,
Covered Call is (S - C)
and
Protective Put is (S + P)
Add the graphs of the Put and stock and you get the latter.
Add the graphs of a Stock and a negative call (call write) and you get the former.
I am willing to explain option strategies over skype - if someone can set it up.
@[582498:iwantgovtjob]
Though I havent studied ethics till now but I went with A
@[574426:iPrateek]
Got it...Thx !!
Still need to get the concepts strong..
@[582923:FeRMioN]
example plz
More Info here
Hello guys! Can anyone please tell me if i can seek an alternate date for taking CFA L1 as Dec. 1 is clashing with one of my IGNOU exam dates.... Please help!
@[599968:expendable]
Nopes the dates are fixed
Either december 1 or june
@iwantgovtjob said: @FeRMioN example plz
Too large to give examples here - Check links given by Leo sir - else Hull chapter on option strategies is also very good.
Starting corporate finance today
I'm about to finish my first reading from the CFA Institute books. Please advise if i should go for my second reading from Schwezer or the CFA books itself??
Hi i want to do frm part 1 this year in nov. but i m a little confused about the toughness of the exam
.....will it be easier as compared to cfa level1 or cfa l1 will be easier......i have engg background and frankly i m looking for these certifications to put some weight in my cv as i m preparing for cAT this year.....so which 1 among them would be beneficial for me.........thanx in advance
.....will it be easier as compared to cfa level1 or cfa l1 will be easier......i have engg background and frankly i m looking for these certifications to put some weight in my cv as i m preparing for cAT this year.....so which 1 among them would be beneficial for me.........thanx in advance
can some one please give me the details for wire transfer
@supro said: Hi i want to do frm part 1 this year in nov. but i m a little confused about the toughness of the exam.....will it be easier as compared to cfa level1 or cfa l1 will be easier......i have engg background and frankly i m looking for these certifications to put some weight in my cv as i m preparing for cAT this year.....so which 1 among them would be beneficial for me.........thanx in advance
How does doing any of these certifications ( charters ) add weight to ur CV and to ur CAT chances.... Please explain... thanks
@supro said: Hi i want to do frm part 1 this year in nov. but i m a little confused about the toughness of the exam.....will it be easier as compared to cfa level1 or cfa l1 will be easier......i have engg background and frankly i m looking for these certifications to put some weight in my cv as i m preparing for cAT this year.....so which 1 among them would be beneficial for me.........thanx in advance
No, do not mistake FRM to be easier than CFA. CFA has a very wide coverage and syllabus, and hence retention and time is a major issue there. However, for FRM the depth of the syllabus is critical. You need to understand concepts in good detail if you want to get something out of it.
Also, like I have mentioned umpteen times, IT guys thinking that just doing CFA L1or2 and /or FRM will help them break into an IB with short term gains - better consult someone before you are disappointed later and regret your decisions.
CFA, FRM and other certifications are meant for people with serious intention of pursuing a long career in Finance. It is better that one concentrates on completing his/her MBA from a good college first. Certifications are secondary.
Bottom line - Concentrate on CAT - do not loose focus - FRM or CFA can come later - try to get a good finance project or internship on your CV if you want to impress in IIM interviews.
When is IRR=0 ?