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NEW QUESTION: 1
An organization has a five-node standard Isilon cluster. Due to regulatory requirements, they need to build a compliance mode cluster using the existing production hardware.
How can this be achieved?
A. Add the SmartLock license to the existing cluster and create some compliance mode directories
B. Perform an in-place upgrade of the standard cluster to a compliance mode cluster
C. SmartFail two of the nodes and use them to build a new compliance mode cluster
D. Purchase a new cluster as there is no way to upgrade an existing cluster or reformat nodes
NEW QUESTION: 2
Mr. L. Ranger is an agent for a broker-dealer and has overheard "talk" that a merger between two
well-known high-tech companies is about to take place. Mr. Ranger knows that, on average, in these
instances the target firm's price spikes. He calls his client and good friend, Mr. Tonto, and tells him of the
rumor, suggesting that Tonto might want to buy shares in the target firm. He tells Mr. Tonto that if the
rumor isn't true, the target firm's price may not spike at all and may, in fact, decline, and suggests that Mr.
Tonto not invest any money he isn't willing to lose. Mr. Ranger knows that his friend likes to gamble, and
decided he wouldn't be much of a friend if he didn't inform Tonto of this potential opportunity. Has Mr. L.
Ranger violated any laws or engaged in any prohibited practices?
A. No. Mr. Ranger has informed Mr. Tonto that the merger is just a rumor and has informed him of the risk
involved. Mr. Ranger is knowledgeable about his friend's risk tolerance level as well and recognizes this
investment as one his good friend might want to take.
B. Yes. Mr. Ranger is privy to knowledge that is not available to the general public and both he and Mr.
Tonto will be guilty of illegal insider trading if Mr. Tonto trades on Mr. Ranger's information.
C. No. Mr. Ranger and Mr. Tonto are friends, so there can be no violations of any laws or practices
because of their non-business relationship.
D. Yes. Mr. Ranger has engaged in fraud in telling Mr. Tonto about the rumor, given that the merger hasn't
been officially announced by the two companies.
No, Mr. Ranger has not violated any laws or engaged in any prohibited practices in his
recommendation to Mr. Tonto. He has simply informed Mr. Tonto of the rumor and has told him of the risk
involved, and he has not lied or misled Mr. Tonto about the investment. He is also well aware of his
friend's risk tolerance level, so he is not making an unsuitable recommendation. This is not considered
insider trading since there is no way Mr. Ranger can know whether or not the rumor is true. Selection A is
not true because there can be violations of laws or practices, even if the agent and client are friends.