- CFA Exams
- CFA Level I Exam
- Topic 10. Ethical and Professional Standards
- Learning Module 71. Guidance for Standards I-VII
- Subject 22. Standard VII (B) Reference to CFA Institute, the CFA Designation, and the CFA Program
CFA Practice Question
Select the correct use of the Chartered Financial Analyst and CFA marks.
II. On his name card, Andre states "Andre Labadie, cfa."
III. Cathy Labelle is a CFA-type financial analyst.
IV. Allan Lagda is a CFA (Passed Finalist).
I. He is a Chartered Financial Analyst.
II. On his name card, Andre states "Andre Labadie, cfa."
III. Cathy Labelle is a CFA-type financial analyst.
IV. Allan Lagda is a CFA (Passed Finalist).
A. II and IV
B. I and III
C. none of them
Explanation: I is incorrect because Chartered Financial Analyst (and CFA) designations must not be used as nouns.
II is incorrect because CFA should always be capitalized.
III is incorrect because the CFA designation has been altered.
IV is incorrect because a candidate who has passed Level III but has not yet received his or her charter cannot use the CFA designation.
II is incorrect because CFA should always be capitalized.
III is incorrect because the CFA designation has been altered.
IV is incorrect because a candidate who has passed Level III but has not yet received his or her charter cannot use the CFA designation.
User Contributed Comments 5
| User | Comment |
|---|---|
| stefdunk | Name, CFA is correct, as long as the typeface is the same, but CFA must be capitalized. |
| danlan | CFA is correct and not cfa |
| krisscfa | "John Smith, CFA", or "John Smith, Chartered Financial Analyst", is therefore correct. |
| krisscfa | Richard is a CFA (or Chartered Financial Analyst) - WRONG! Richard is a CFA charterholder. He earned the right to use the Chartered Financial Analyst designation. - CORRECT! |
| Sidrs | Like it |