Code of conduct and Practice exam question

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I would like to ask whether there is any study material available on the GARP Code of Conduct. It seems that the questions might be somewhat hard given that candidates get only the Code and no practice problems to work on. And lastly, in the last question of the GARP second practice test for Level 1 was about negative theta on "all options". However, European call options can have positive theta if big dividend is coming up, if I remember correctly. According to the answer to their question, the "theta is always negative". Is this what I should go by then for the exam?

 

[David Harper CFA FRM]

Hi nbrano,

We don't have any Code of Conduct (CoC) practice questions. Although it won't help for the upcoming (May) exam, I have added CoC questions to our production calendar ahead of the November exam.

In regard to Part 1/Exam 2, Question #25 please see http://forum.bionicturtle.com/viewthread/4963/
i.e., the answer is incorrect and you are quite right that Theta is not always negative

Thanks, David