Explanation

Violation Analysis:

• John Teff: His statement about the CFA Institute setting the pass rate too low is an opinion about the exam difficulty and does not violate CFA Standards. Members are allowed to express opinions about the program.

• Julia Pinson: She violated Standard VII(A) - Conduct as Participants in CFA Institute Programs. Soliciting past exam questions from a colleague is prohibited, regardless of whether the questions were actually helpful during the exam. The Standard prohibits candidates from soliciting confidential exam information from any source.

Key Points:

• Standard VII(A) prohibits candidates from engaging in any conduct that compromises the integrity, validity, or security of the CFA exams
• The fact that the questions didn't help her doesn't mitigate the violation
• Teff's opinion about pass rates is permissible free speech

Correct Answer: C - Yes, by Pinson