- CFA Exams
- CFA Level I Exam
- Study Session 1. Ethical and Professional Standards
- Reading 3. Guidance for Standards I-VII
- Subject 22. Standard VII (B) Reference to CFA Institute, the CFA Designation, and the CFA Program
CFA Practice Question
Susan Brown has recently received her CFA charter. She sends a letter to her clients announcing her new designation. In the letter, she describes the examination series and other requirements that she has fulfilled.
A. She has violated the Standards because she sent the information in an unsolicited letter.
B. She has violated the Standards because she must not use the abbreviation "CFA."
C. She has not violated the Standards.
User Contributed Comments 5
| User | Comment |
|---|---|
| danlan | Nothing is wrong with Susan's action |
| zed888 | what about the fact she sent an unsolicitied letter that implies superiority? |
| steph73 | we don't know if she paid their fees.... |
| jasonkwk | even if you get the CFA charter, you still need to pay the fees to get the CFA designation. |
| MapherRdz | But the statement says that she "has recently received her CFA charter", so we can asume that she already paid the fees, if it were not so, she wouldnt obteined the designation. |