Exam Code: A00-440
Exam Name: Managing the Model Life Cycle Using ModelOps
Certification: SASInstitute Certification
Total Questions: 137 Q&A
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NEW QUESTION: 1
Wenn Sie ein Schlafzimmer streichen, können Sie die Wände vorbereiten, während die Farbe ausgewählt wird. Dies ist ein Beispiel für:
C. obligatorische Abhängigkeit
D. interne Abhängigkeit
NEW QUESTION: 2
Which of the following does not describe a prohibited practice for investment advisers?
I. The adviser sells its non-institutional clients securities that it has issued.
II. The adviser makes a discretionary trade for a client after receiving verbal authorization only and does
not receive written authorization from the client within 10 business days of doing so.
III. The investment adviser requires an advisory fee of $300 to be paid in advance at the beginning of
A. I and III only
B. II and III only
C. I only
D. None of the selections describe prohibited practices.
Selections II and III do not describe prohibited practices. If an adviser makes a discretionary
trade for a client after having received verbal authorization to do so and does not receive written
authorization from the client within 10 business days of doing so, the adviser is limited to making
recommendations to the client and executing unsolicited trades only, but he has not engaged in a
prohibited practice, and this is the scenario described in Selection II. There is no provision that prohibits
an adviser from requiring an advisory fee to be paid in advance as long as it is reasonable, as described
in Selection III. An adviser is not permitted to sell its non-institutional clients securities it has issued itself
because of the significant conflict of interest involved. The exception is if the client is an institution that is
in the business of lending money, but Selection I specifically indicates "non-institutional clients."
NEW QUESTION: 3