CFA Practice Question

CFA Practice Question

Beatrice Arnold, a CFA Institute Designated officer, is conducting an inquiry related to professional conduct. Which of the following incidents are least likely to have prompted such an inquiry?
A. A written complaint received by the Professional Conduct staff about a member or candidate's professional behavior.
B. Self-disclosure by the member or candidate on their annual Professional Conduct Statement of involvement in civil litigation, criminal investigation, or a written complaint.
C. The routine background check of a CFA member or candidate revealed criminal investigation.
Explanation: The routine background check is a effective way to investigate a criminal. It prompts such an inquiry.

User Contributed Comments 6

User Comment
chantal I thought the question said the LEAST likely incident to have prompted such an inquiry?
reganbaha Surely, self-disclosure of the info is LEAST likely to prompt an inquiry, since the info was offered and not hidden.
Clude Though it does not make much intuitive sense to me, the correct answer is indeed C.
Jessica12 I think the distinction here is professional misconduct vs. criminal activity.
Mikehuynh I think the word "routine" makes C correct
harrybay I think Jessica is right, the question is not referring to criminal activity but a breach of professional conduct.
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