- CFA Exams
- CFA Level I Exam
- Topic 10. Ethical and Professional Standards
- Learning Module 70. Code of Ethics and Standards of Professional Conduct
- Subject 1. CFA Institute Professional Conduct Program
CFA Practice Question
After thoroughly investigating the member, Beatrice Arnold decides that the best course of action is to impose disciplinary sanctions. Which sequence best describes a possible outcome of this event?
A. Member accepts sanction > Attends hearing before panel of CFA Institute members > Member is condemned by peers.
B. Member rejects sanction > Attends hearing before panel of CFA Institute members > Panel decides, upon review, that no disciplinary actions are necessary.
C. Member rejects sanction > Designated officer issues a cautionary letter.
Correct Answer: B
A possible sequence of investigation would be: Member rejects sanction > Attends hearing before panel of CFA Institute members > Panel decides. These steps will be effective in ascertaining whether sanctions are necessary.
User Contributed Comments 16
| User | Comment |
|---|---|
| zeiad | great |
| nabilhjeily | what a great way to learn |
| dineshirtt | piece of cake |
| hussein1978 | why said hearing before panel of cfa inst members ??? |
| sauresh | easy |
| dmfz | If all the questions are like these. We'd all pass. |
| Rytg | Yea baby |
| mdejesus | awww yeaahh!! |
| JNAGENDA | woow |
| Khumo | Fantastic way to learn |
| hibaeldeek | easy |
| dabears1 | Too easy |
| ompusp | Cool |
| elipong | Yup |
| ABHAYGUPTA | HY FRIENDS |
| Inaganti6 | None of the questions willbe this easy. |