Answer-first summary for fast verification
Answer: solely by leveraging his association with CFA Institute to advance his professional objectives.
### Explanation According to **Standard VII(A)**, Conduct as Participants in CFA Institute Programs, members and candidates are prohibited from engaging in conduct that undermines the public's confidence in the CFA charter as a merit-based and ethical achievement. This includes improperly using an association with CFA Institute to further personal or professional goals. Bemod violated this standard by implying that his involvement in exam writing provided unique investment insights for his clients. However, **Standard VII(A)** explicitly allows members and candidates to express disagreement with CFA Institute policies, procedures, or advocacy positions, provided they do not disclose confidential exam content. Therefore, Bemod's negative statements about CFA Institute policies do not constitute a violation. The correct answer is **B**, as Bemod's violation lies in leveraging his association with CFA Institute for professional gain, not in his criticism of its policies.
Author: LeetQuiz Editorial Team
Ultimate access to all questions.
François Bemod, CFA, a former CFA Level I exam question writer, has issued marketing material for his investment firm stating his involvement in writing CFA exams provided unique insights for his clients. Additionally, he has publicly criticized certain CFA Institute policies. According to the Standards of Professional Conduct, Bemod has most likely violated the Standards by:
A
solely by expressing negative opinions about CFA Institute policies.
B
solely by leveraging his association with CFA Institute to advance his professional objectives.
C
both by expressing negative opinions about CFA Institute policies and by using his association with CFA Institute to further his professional goals.
No comments yet.