Responsibilities as a CFA Institute Member or CFA Candidate

Question 1

Responsibilities as a CFA institute Member or Candidate

Answer 1

Members and candidates must not engage in any conduct that compromises the reputation or integrity of CFA institute or the CFA designation or the integrity, validity, or security of the CFA examinations

Question 2

VII(B) Reference to CFA institute, the CFA designation, CFA program (guidance and compliance)

Answer 2

Guidance: Members and candidates must not make promotional promises or guarantees tied to the CFA designation so don’t *over promise individual competence, *Over promise investment results in the future

Guidance - CFA instit. Membership: *Sign PCS annual *Pay CFA institute membership due annually.

Guidance - Using the CFA designation: Do not misrepresent or exaggerate the meaning of the designation

Guidance- Referencing Candidacy in the CFA program: There is no partial designation. It is acceptable to state that a candidate successfully completed the program in three years, if in facts he did, but claiming superior ability beauce of this is not permitted.

Guidance- Proper usage of the CFA marks: The CFA analyst and CFA marks must always be used either after a charterholders name or as adjectives, but not as nouns, in written and oral communications.

Recommended procedures for Compliance - Make sure that members and candidates firms are aware of the proper references to a members CFA designation or candidacy, as this is a common error.