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<br /> Jan/Feb 2015<br /> The Member Magazine for Investment Professionals<br /> Can financial<br /> data be<br /> protected<br /> from cyber<br /> attacks?<br /> 8IZ CFDPNF BO JOEFQFOEFOU "EWJTPS<br /> PO *OUFSBDUJWF #SPLFST QMBUGPSN<br /> ·'SFFEPNBOEnFYJCJMJUZUPSVOZPVS<br /> PXO CVTJOFTT<br /> · /P DPOUSBDU<br /> · ,FFQ PG ZPVS GFFT<br /> · .JOJNBM TUBSU VQ BOE PWFSIFBE DPTUT<br /> · 'VMM 8IJUF #SBOEJOH DBQBCJMJUZ XJUI<br /> DVTUPNJ[FE TUBUFNFOUT<br /> · 4UBUFPGUIFBSU USBEJOH QMBUGPSN XJUI<br /> BVUPNBUFE BMMPDBUJPO PG TUPDLT PQUJPOT<br /> GVUVSFT CPOET $'%T PS GPSFY UP<br /> TVCBDDPVOUT<br /> · (FOFSBUF )JHIFS 3FUVSOT<br /> · -PXFS DPNNJTTJPOT OP UJDLFU DIBSHFT OP<br /> NJOJNVNT BOE OP UFDIOPMPHZ TPGUXBSF<br /> QMBUGPSN PS SFQPSUJOH GFFT<br /> · #FUUFS FYFDVUJPOT 8F EP OPU TFMM PS USBEF<br /> BHBJOTU ZPVS PSEFST<br /> · -PX JOUFSFTU SBUFT <a title="January/February 2015 CFA Institute Magazine page 1" href="http://viewer.zmags.com/publication/71c25823?page=1"> </a> <a title="January/February 2015 CFA Institute Magazine page 2" href="http://viewer.zmags.com/publication/71c25823?page=2"> 8IZ CFDPNF BO JOEFQFOEFOU "EWJTPS PO *OUFSBDUJWF </a> <a title="January/February 2015 CFA Institute Magazine page 3" href="http://viewer.zmags.com/publication/71c25823?page=3"> Jan/Feb 2015 COVER STORY 26 On</a> <a title="January/February 2015 CFA Institute Magazine page 4" href="http://viewer.zmags.com/publication/71c25823?page=4"> Introducing AlphaSense The New Search Engine for</a> <a title="January/February 2015 CFA Institute Magazine page 5" href="http://viewer.zmags.com/publication/71c25823?page=5"> Jan/Feb 2015 PROFESSIONAL PRACTICE 18 Investi</a> <a title="January/February 2015 CFA Institute Magazine page 6" href="http://viewer.zmags.com/publication/71c25823?page=6"> Jan/Feb 2015 Vol. 26, No. 1 CFA Institute Mag</a> <a title="January/February 2015 CFA Institute Magazine page 7" href="http://viewer.zmags.com/publication/71c25823?page=7"> IN SUMMARY Let There Be Light The characters o</a> <a title="January/February 2015 CFA Institute Magazine page 8" href="http://viewer.zmags.com/publication/71c25823?page=8"> THE PATH OF 25 Years INVESTMEN</a> <a title="January/February 2015 CFA Institute Magazine page 9" href="http://viewer.zmags.com/publication/71c25823?page=9"> 15 Years Craig D. Allen, CFA Joseph A. Anglin, </a> <a title="January/February 2015 CFA Institute Magazine page 10" href="http://viewer.zmags.com/publication/71c25823?page=10"> CFA INSTITUTE NEWS EMEA VOICE ESG in Investin</a> <a title="January/February 2015 CFA Institute Magazine page 11" href="http://viewer.zmags.com/publication/71c25823?page=11"> CFA INSTITUTE NEWS APAC FOCUS The ROI of Lear</a> <a title="January/February 2015 CFA Institute Magazine page 12" href="http://viewer.zmags.com/publication/71c25823?page=12"> ARE THE FUTURE OF FINANCE </a> <a title="January/February 2015 CFA Institute Magazine page 13" href="http://viewer.zmags.com/publication/71c25823?page=13"> CFA INSTITUTE NEWS Charterholders Ride for Pea</a> <a title="January/February 2015 CFA Institute Magazine page 14" href="http://viewer.zmags.com/publication/71c25823?page=14"> CFA INSTITUTE NEWS Society Leadership Confere</a> <a title="January/February 2015 CFA Institute Magazine page 15" href="http://viewer.zmags.com/publication/71c25823?page=15"> VIEWPOINT Toward a New Framework for Private W</a> <a title="January/February 2015 CFA Institute Magazine page 16" href="http://viewer.zmags.com/publication/71c25823?page=16"> VIEWPOINT relevant to very large and very sma</a> <a title="January/February 2015 CFA Institute Magazine page 17" href="http://viewer.zmags.com/publication/71c25823?page=17"> and discretionary clients, and reduce the bias to</a> <a title="January/February 2015 CFA Institute Magazine page 18" href="http://viewer.zmags.com/publication/71c25823?page=18"> VIEWPOINT this response was sometimes helpful</a> <a title="January/February 2015 CFA Institute Magazine page 19" href="http://viewer.zmags.com/publication/71c25823?page=19"> Behavioral economics folks will tell you th</a> <a title="January/February 2015 CFA Institute Magazine page 20" href="http://viewer.zmags.com/publication/71c25823?page=20"> PROFESSIONAL PRACTICE PORTFOLIO PERFORMANCE I</a> <a title="January/February 2015 CFA Institute Magazine page 21" href="http://viewer.zmags.com/publication/71c25823?page=21"> The perceived risk may differ from the realit</a> <a title="January/February 2015 CFA Institute Magazine page 22" href="http://viewer.zmags.com/publication/71c25823?page=22"> PROFESSIONAL PRACTICE ANALYST AGENDA Solar Fl</a> <a title="January/February 2015 CFA Institute Magazine page 23" href="http://viewer.zmags.com/publication/71c25823?page=23"> Installers tend to book the costs of custom</a> <a title="January/February 2015 CFA Institute Magazine page 24" href="http://viewer.zmags.com/publication/71c25823?page=24"> PROFESSIONAL PRACTICE PRIVATE CLIENT CORNER T</a> <a title="January/February 2015 CFA Institute Magazine page 25" href="http://viewer.zmags.com/publication/71c25823?page=25"> PLANNING STRATEGIES 2SWLPL]DWLRQ WDNHV RQ DGGHG V</a> <a title="January/February 2015 CFA Institute Magazine page 26" href="http://viewer.zmags.com/publication/71c25823?page=26"> PROFESSIONAL PRACTICE PRIVATE CLIENT CORNER W</a> <a title="January/February 2015 CFA Institute Magazine page 27" href="http://viewer.zmags.com/publication/71c25823?page=27"> LLBH Private Wealth Management in Westport</a> <a title="January/February 2015 CFA Institute Magazine page 28" href="http://viewer.zmags.com/publication/71c25823?page=28"> ONCE MORE UNDO THE BR By Nathan Jaye, CFA Afte</a> <a title="January/February 2015 CFA Institute Magazine page 29" href="http://viewer.zmags.com/publication/71c25823?page=29"> gracefully without taking the rest of the system </a> <a title="January/February 2015 CFA Institute Magazine page 30" href="http://viewer.zmags.com/publication/71c25823?page=30"> than a liability dodge, allowing companies to bas</a> <a title="January/February 2015 CFA Institute Magazine page 31" href="http://viewer.zmags.com/publication/71c25823?page=31"> This is part of what makes incident response </a> <a title="January/February 2015 CFA Institute Magazine page 32" href="http://viewer.zmags.com/publication/71c25823?page=32"> the press. It's getting more attention nationally</a> <a title="January/February 2015 CFA Institute Magazine page 33" href="http://viewer.zmags.com/publication/71c25823?page=33"> WEA LTH MAN AGEMENT 2015 Strategies for Private </a> <a title="January/February 2015 CFA Institute Magazine page 34" href="http://viewer.zmags.com/publication/71c25823?page=34"> As regulators focus on dark trading, will trade-a</a> <a title="January/February 2015 CFA Institute Magazine page 35" href="http://viewer.zmags.com/publication/71c25823?page=35"> competition in the open market. Moreover, in theo</a> <a title="January/February 2015 CFA Institute Magazine page 36" href="http://viewer.zmags.com/publication/71c25823?page=36"> He also argues that these issues are best </a> <a title="January/February 2015 CFA Institute Magazine page 37" href="http://viewer.zmags.com/publication/71c25823?page=37"> Supporters:</a> <a title="January/February 2015 CFA Institute Magazine page 38" href="http://viewer.zmags.com/publication/71c25823?page=38"> ETHICS AND STANDARDS MARKET INTEGRITY AND ADVOCAC</a> <a title="January/February 2015 CFA Institute Magazine page 39" href="http://viewer.zmags.com/publication/71c25823?page=39"> Beyond Bitcoin CRYPTO-CURRENCIES ARE ONLY THE BEG</a> <a title="January/February 2015 CFA Institute Magazine page 40" href="http://viewer.zmags.com/publication/71c25823?page=40"> ETHICS AND STANDARDS MARKET INTEGRITY AND ADVOCAC</a> <a title="January/February 2015 CFA Institute Magazine page 41" href="http://viewer.zmags.com/publication/71c25823?page=41"> Whither Hong Kong? RECENT PROTESTS RAISE KEY QUES</a> <a title="January/February 2015 CFA Institute Magazine page 42" href="http://viewer.zmags.com/publication/71c25823?page=42"> ETHICS AND STANDARDS PROFESSIONAL CONDUCT DISCI</a> <a title="January/February 2015 CFA Institute Magazine page 43" href="http://viewer.zmags.com/publication/71c25823?page=43"> The Global Leader in CFA Exam Prep </a> <a title="January/February 2015 CFA Institute Magazine page 44" href="http://viewer.zmags.com/publication/71c25823?page=44"> WHY BUY A SINGLE STOCK WHEN YOU CAN INVEST IN </a>