Final answer:
Miller's responsibilities under the Code and Standards when delegating supervisory duties include ensuring that the individuals are qualified, properly supervised, and act ethically, as well as maintaining overall oversight and accountability within her department.
Step-by-step explanation:
If Miller heads the research department of a large brokerage firm and delegates some supervisory duties, her responsibilities under the Code and Standards would entail ensuring that the individuals to whom she delegates those tasks are properly qualified, supervised, and behaving ethically. Although delegation can distribute tasks among team members, it does not absolve Miller from the responsibility of overseeing the department's compliance with professional codes and standards. This is because in professional settings, particularly within the fields of business and finance, codes of ethics and conduct play a crucial role. These codes ensure accountability and integrity in various processes and outcomes.
Given her supervisory role, Miller must monitor the activities and ethics of her department closely, even when tasks are delegated. This might involve establishing clear expectations, reviewing the outcomes of delegated tasks, and providing guidance and corrective actions when necessary. Just like professional organizations across various fields - from engineering to healthcare - uphold strict codes of ethics and standards, a brokerage firm is no different, and Miller must abide by such frameworks diligently.