Ron Vasquez is registered to sit for the CFA Level II exam. Unfortunately,
Vasquez has failed the exam the past two years. In his frustration, Vasquez
posted the following comment on a popular internet bulletin board: “I believe
that CFA Institute is intentionally limiting the number of charterholders in
order to increase its cash flow by continuing to fail candidates. Just look at
the pass rates.”
Which of the following statements regarding Vasquez’s
conduct is CORRECT? Vasquez is:
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A)
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in violation of Standard VII(A), Conduct as Members and Candidates in the
CFA Program, but not in violation of Standard I(D), Misconduct.
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B)
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not in violation of Standard I(D), Misconduct or Standard VII(A), Conduct as
Members and Candidates in the CFA Program.
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C)
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in violation of both Standard I(D), Misconduct and Standard VII(A), Conduct
as Members and Candidates in the CFA Program.
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