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For the past 5 years, Karen Beckworth, CFA, has served as a proctor for the CFA exam. Beckworth tells her assistant, a CFA Level III candidate, that she normally receives the examinations on the Thursday before the exam. Given the low pass rate at Level III, Beckworth asks her assistant if he would like an advance copy of the next exam. Beckworth’s assistant declines the offer.
Beckworth’s assistant has been very vocal about expressing his opinions about the low pass rate. The assistant claims, “there are too many charterholders and CFA Institute is deliberately failing candidates because the prestige of the CFA charter is becoming diluted.”
With regard to Standard VII(A) Conduct as Members and Candidates in the CFA Program, which of the following statements concerning Beckworth’s and her assistant’s behavior is most accurate? A. Both Beckworth and her assistant are in violation of Standard VII(A). B. Neither Beckworth nor her assistant is in violation of Standard VII(A). C. Beckworth is in violation of Standard VII(A), but her assistant is not in violation. |