CMT Level 2 - Sample Exam | Updated with complete solution

CMT Level 2 - Sample Exam | Updated with complete solution The MTA Code of Ethics applies to: a. Members only b. Affiliates only c. CMT candidates d. All of the above - The MTA Code of Ethics applies to: d. All of the above An MTA Member or Affiliate using the MTA mailing list to send _____________ would not be in violation of the Code of Ethics: a. Research reports b. A free membership to a club c. Charting discount coupons d. CMT Newsletter - An MTA Member or Affiliate using the MTA mailing list to send ____________would not be in violation of the Code of Ethics: d. CMT Newslette Which of the following would not be a violation of the Code of Ethics in a published research report or statement? a. Estimates which are subject to change b. Inaccurate information c. Statements inconsistent with the accumulated knowledge of technical analysis d. Statements which disparage the work of other analysts - Which of the following would NOT be a violation of the code of ethics in a published research report or statement? a. Estimates which are subject to change What is the position of the MTA Code of Ethics as it pertains to trading on inside information? a. Under no circumstances is insider trading allowed b. The Code of Ethics takes no position on insider trading c. Insider trading which violates the laws/regulations of any governmental or regulatory agency is prohibited d. Inside information may be disseminated but not acted upon - What is the position of the MTA Code of Ethics as it pertains to trading on inside information? c. Insider trading which violates the laws/regulations of any governmental or regulatory agency is prohibited What is the MTA's position with respect to knowledge of client and employer information: a. Only knowledge of current clients and employers must be kept in confidence b. The MTA Code of Ethics does not apply to confidentiality of unlawful client or employer activity c. The MTA Code of Ethics is silent on client and employer confidentiality so members must refer to laws/rules promulgated by regulatory authorities d. All information pertaining to any lawful activity of past or present clients or employers must be kept in confidence - What is the MTA's position with respect to knowledge of client and employer information: d. All information pertaining to any lawful activity of past or present clients or employers must be kept in confidence According to the MTA Code of Ethics, what prohibitions MUST be adhered to after making a buy or sell recommendation? a. Allow adequate time for clients to act on recommendations before the analyst acts on the recommendation b. Analysts must give clients and their employer adequate time to trade, but the analyst's family members are under no such restriction c. Analysts may effect trades for their own account even if their employer has not had time to act on their recommendation d. Insider trading activity is the subject of SEC regulations, therefore the MTA Code of Ethics is silent on this issue - According to the MTA Code of Ethics, what prohibitions MUST be adhered to after making a buy or sell recommenda