CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

Henry Giuliani, CFA charterholder, publishes a monthly investment newsletter. In an article on the energy sector, he writes "The energy sector is headed for a downturn. You should believe this. I am a CFA charterholder, and that implies superior ability to predict the market." Giuliani has most likely violated the standard for ______.
A. Responsibilities of a CFA Institute Member
B. Communications with Clients and Prospective Clients
C. Diligence and Reasonable Basis
Explanation: Standard VII (B) Reference to CFA Institute, the CFA Designation and the CFA Program: When referring to CFA Institute, CFA Institute membership, the CFA designation, or candidacy in the CFA Program, members and candidates must not misrepresent or exaggerate the meaning or implications of membership in CFA Institute, holding the CFA designation, or candidacy in the CFA Program.

User Contributed Comments 2

User Comment
rthbardian Claiming "argument from authority" if RESPONSIBILITIES OF CFA INST MEMBER
Kiniry Turns out that Henry was right all along.
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