Basic 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

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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.