Question

3. Vishal Chandarana, an unemployed research analyst, recently registered for the CFA Level I exam. After two months of intense interviewing, he accepts a job with a stock brokerage company in a different region of the country. Chandarana posts on a blog how being a CFA candidate really helped him get a job. He also notes how relieved he was when his new employer did not ask him about being fired from his former employer. Please select and explain which CFA Institute Standards of Professional Conduct did Chandarana least likely violate? A) Loyalty to Employers B) Misconduct C) Reference to CFA Institute, the CFA Designation, and the CFA Program

Answer 1

ANSWER :

A)Loyalty to employers

His blog did not refer to his employers .

Loyalty to employers standard requires CFAs to protect the interest of their employers and not to take up any activity or conduct that will harm the employer

Professional Standard regarding misconduct prevents CFAs to indulge in any conduct that damages trustworthiness or competence

Professional Standards regarding “Reference to CFA institute , CFA designation and the CFA program” prohibits members from statements regarding the institute, designation or program that overstates competency of a member due to CFA institute or exaggerates implication of membership of the CFA institute