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Topic 2: CFP Board s Code of Ethics and Professional Responsibility - 7 (o) Rule 415 A CFP Board designee must disclose to an employer any compensation or other bene t arrangements in connection with his or her services to clients that are in addition to compensation from the employer (p) Rule 416 If a CFP Board designee enters into a business transaction with a client, the transaction shall be on terms that are fair and reasonable to the client (5) Rules that relate to the Principle of Con dentiality (a) Rule 501 Do not reveal, without the client s consent, any personally identi able information relating to the client relationship, except when use is reasonably necessary: i To establish an advisory or brokerage account, to effect a transaction for the client, or as otherwise impliedly authorized in order to carry out the client engagement ii To comply with legal requirements or legal process iii To defend the CFP Board designee against charges of wrongdoing iv In connection with a civil dispute between the CFP Board designee and the client (b) Rule 502 Maintain the same standards of con dentiality to employers as to clients (c) Rule 503 Adhere to reasonable expectations of con dentiality while in business and thereafter (6) Rules that relate to the Principle of Professionalism (a) Rule 601 Use the marks in compliance with the rules and regulations of CFP Board (see Topic 2, Section 1A(1)) (b) Rule 602 Show respect for other nancial planning professionals and related occupational groups by engaging in fair and honorable competitive practices (c) Rule 603 Inform the CFP Board when another CFP Board designee has committed a violation of the Code of Ethics and there is no substantial doubt (d) Rule 604 Inform the appropriate regulatory and/or professional disciplinary body when there is unprofessional, fraudulent, or illegal conduct by another CFP Board designee or other nancial professional and there is no substantial doubt (e) Rule 605 Disclose illegal conduct to the immediate supervisor and/or partners if illegal conduct is suspected If appropriate measures are not taken to remedy the situation, alert the appropriate regulatory authorities, including the CFP Board, in a timely manner (f) Rule 606 In all professional activities, a CFP Board designee shall perform services in accordance with i Applicable laws, rules, and regulations of governmental agencies and other applicable authorities ii Applicable rules, regulations, and other established policies of the CFP Board (g) Rule 607 Do not engage in any conduct that re ects adversely on the profession (h) Rule 608 Disclose to clients the rm s status as registered investment advisers It is proper to use the term registered investment adviser if the CFP Board designee is registered individually If the CFP Board designee is registered through his or her rm, then the rm is the registered investment adviser (i) Rule 609 A CFP Board designee must not practice any other profession or offer to provide such services unless the CFP Board designee is quali ed to practice in those elds and is licensed as required by state law.



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and then analyze the plan generated, we see that it consists of the following:

On the other hand, if Wmax1 < wT1 , then a switch to antenna 2 occurs [the channel switch now remains in this position until at least the following sample time at t = (n + 1)Ts ] whereby Wmax2 (n) = maxm W2m (n) now appears at the switch output on which the data decision is based 91262 Average Probability of Error.

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Execution Plan ---------------------------------------------------------0 SELECT STATEMENT Optimizer=CHOOSE 1 0 NESTED LOOPS 2 1 TABLE ACCESS (FULL) OF 'EMPLOYEE' 3 1 TABLE ACCESS (BY INDEX ROWID) OF 'DEPARTMENT' 4 3 INDEX (RANGE SCAN) OF 'DEP_IDX' (NON-UNIQUE)





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A recent report from McKinsey and Co. [1] merits consideration as well. It cautions that often the approach to strategy involves the mistaken assumption that a predictable path to the future can be paved from the experience of the past. It goes on to suggest that strategic outcomes can not be predetermined given today s turbulent business environment. As a result, McKinsey proposes to define strategy as a coherent and evolving portfolio of initiatives to drive shareholder value and longterm performance. This change in thinking requires management to develop a you are what you do perspective as opposed to you are what you say. In other words, companies are defined by the initiatives they prioritize and drive, not merely by mission and vision statements.

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Obviously, a few things have changed Instead of performing a SORT on the full scan of both tables, the optimizer chooses to use the index DEP_IDX and changes its join strategy to use the nested loops algorithm (The details of how a nested loop join differs from a hash join or a merge join is beyond the scope of this text) The point here is to demonstrate that the processing of SQL queries involves an important optimization phase that can be analyzed in detail to identify bottlenecks Based on this analysis, you can find out which SQL queries are the most costly and why

8 - General Principles of Financial Planning (j) Rule 610 Return the client s original records in a timely manner upon request of the client (k) Rule 611 Do not bring or threaten to bring a disciplinary proceeding under this Code of Ethics or report or threaten to report information to CFP Board pursuant to Rules 603 and/or 604 for no substantial purpose other than to harass, embarrass, and/or unfairly burden another CFP Board designee (l) Rule 612 Comply with all applicable renewal requirements established by CFP Board (7) Rules that relate to the Principle of Diligence (a) Rule 701 Provide services diligently (b) Rule 702 Enter into an engagement only after securing suf cient information to satisfy the CFP Board designee that i The relationship is warranted by the individual s needs and objectives ii The CFP Board designee has the ability to either provide requisite competent services or to involve other professionals who can provide such services (c) Rule 703 Implement only recommendations that are suitable for the client (d) Rule 704 Make a reasonable investigation regarding the nancial products recommended to clients (e) Rule 705 Supervise subordinates with regard to their delivery of nancial planning services 2 Disciplinary Rules and Procedures A Board of Professional Review (1) Is charged with the duty of investigating, reviewing, and taking appropriate action with respect to alleged violations of the Code of Ethics and alleged noncompliance with the Financial Planning Practice Standards (2) Can divide the Board into two panels consisting of an Inquiry Panel and a Hearing Panel and designate a chair for each panel No member of an Inquiry Panel shall act as a member of a Hearing Panel on the same matter B Inquiry Panel (1) Investigates alleged grounds for discipline, with appropriate assistance from members of CFP Board staff (2) Can dismiss allegations as being without merit, dismiss allegations with a letter of caution recommending remedial action and entering other appropriate orders, or refer the matter to CFP Board for preparation and processing of a complaint against the CFP Board designee (3) All answers to complaints shall be in writing The answers shall be submitted within 20 calendar days from the date of service of the complaint upon the CFP Board designee (4) If the CFP Board designee fails to le an answer within the period provided, such CFP Board designee shall be deemed to be in default and the allegations set forth in the complaint shall be deemed admitted C Hearing Panel (1) Conducts all hearings on complaints seeking disciplinary action against a CFP Board designee (2) Reports its ndings and recommendations to the Board for nal decision.

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