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NEW QUESTION: 1
Which of the following practices would be prohibited in connection with the sale of investment company
shares?
I. selling a client shares of a load stock fund when a no load stock fund with the same investment
objective exists
II. selling the client shares of five S&P 500 Index mutual funds, offered by different fund families
III. encouraging a client to swap his money between two funds in the same family without informing him
that this creates a taxable event
A. II and III only
B. I and II only
C. I and III only
D. I, II, and III
Answer: A
Explanation:
The scenarios described in Selections II and III only would be prohibited. Five S&P 500
Index mutual funds, even if offered by different fund families, all have the same investment
objective-duplicating the returns earned on the S&P 500 Index, and they will be invested in very similar
stocks. Therefore, the client is getting little or no more diversification of risk by investing in five funds over
investing in just one. The agent is just getting richer from more commissions. Encouraging a client to
swap his money between two funds in the same family without informing the client that this creates a
taxable event is not providing the client with "full and fair disclosure." It may well be in the client's best
interest to make the switch, but he needs to be made aware of the tax consequences. It is not necessarily
prohibited to sell a client shares of a load stock fund when a no load stock fund with the same investment
objective exists as long as the agent believes that the load stock fund is a better investment for his client.

NEW QUESTION: 2
A customer has floor space constraints and needs additional capacity for an application. The current environment is running at 80% utilization.
Which IBM Spectrum Virtualize concept should a sales specialist emphasize to the customer?
A. Block and file I/O
B. Distributed RAID
C. Compression
D. Virtualization
Answer: C
Explanation:
Explanation/Reference:
References:
https://www-01.ibm.com/common/ssi/cgi-bin/ssialias?
infotype=an&subtype=ca&appname=gpateam&supplier=897&letternum=ENUS216-212

NEW QUESTION: 3
Which of the following security-related actions are available at no cost?
A. Accessing forums, blogs, and whitepapers
B. Calling AWS Support
C. Attending AWS classes at a local university
D. Contacting AWS Professional Services to request a workshop
Answer: A

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