Topic 14 GARP Code of Conduct.pdf

Lambert would have to disclose that offshore is an

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of conflicts is most correct? Lambert would have to disclose that: Offshore is an OTC market maker for Burch Corporation's stock. he has a material beneficial ownership of Burch Corporation through a family trust. All of these choices require disclosure. his wife owns 2,000 shares of Burch Corporation. The Investment Banking Department of MLB&J often receives material nonpublic information that could have
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A) B) C) D) considerable value to MLB&J's brokerage clients. To comply with the GARP Code of Conduct, MLB&J should most appropriately: ensure that material nonpublic information is not disseminated beyond the firm's investment banking, brokerage, and research departments. contact the firms involved and request that they make this information available to the public before MLB&J allows its clients to trade in these securities. prohibit MLB&J analysts from making buy or sell recommendations on this information until ten business days after the receipt of this information. restrict proprietary trading in the securities of companies about which the Investment Banking Department has access to material nonpublic information.
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  • Fall '18
  • analyst, GARP, Charmaine Townsend, Burch Corporation

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