Where There Are Shared Management Responsibilities or Where an Investment

question 306

Multiple Choice

Where there are shared management responsibilities or where an investment or shareholding exists in a broker by a counterparty:

• A) the broker is not obligated to reveal any material connections provided Chinese Walls are in place.
• B) the broker is not required to reveal any connections at all.
• C) the broker is legally obliged to advise his clients of any material connections that exist.
• D) is a matter which is not covered by the Model Code.

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Definitions:

Michael Hammer

A thought leader and author best known for his work on business process reengineering, which rethinks and radically redesigns business processes to achieve dramatic improvements in productivity and efficiency.

Employee Productivity

A measure of the efficiency and output of workers within a business or organization.

Workplace Equipment

Tools, machinery, and other physical devices or items used by employees to perform tasks and functions in the workplace.

Continuous Improvement

Continuous improvement is an ongoing effort to enhance products, services, or processes through incremental improvements over time or through breakthrough innovations.