Name: RES 2B (Set 1)
SKU: 100 Questions & Answers
Price: 19.90 SGD
Availability: InStock

RES 2B (Set 1)

$19.90

100 Questions & Answers Category: Uncategorized

4 Aug 2025
CMFAS RES 2B Exam Question:

You’re preparing marketing slides for an OTC derivative that had an exceptionally profitable year due to a rare market shock. Your manager approves the slides showing the 12-month return as the “primary illustration,” with the standard risk disclosure at the end. Which of the following would be most aligned with MAS guidelines?

a) Add a statement clarifying that past performance does not guarantee future results.

b) Restructure the slide to present performance and risks equally on the same page.

c) Leave as-is, as long as the full disclosure is attached at the end.

d) Add examples of potential future losses based on similar volatility scenarios.

The RES 2B exam comprises of 60 questions, time given is 1.5 hours and the passing mark is 75%.

RES 2B (Set 1)

RES 2B (Set 2)

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4 Aug 2025
CMFAS RES 2B Exam Question:

Your firm offers two similar derivative products. One of them has a significantly higher fee and commission and also performs better in volatile markets due to its optional stop-loss feature. You present both products to the client but emphasise the stop-loss feature without discussing your commission. What is your regulatory exposure?

a) Low, since you offered both products and your recommendation was based on market logic.

b) None, as long as the stop-loss justification is valid and the client isn’t misled.

c) High, because omitting the fee differential and commission structure could violate MAS fair dealing principles.

d) Moderate, as disclosure of commission is not required unless the client asks directly.