Answer: Yes, by stating that he took the CFA exam to obtain highest set of credentials in the global investment management industry

## Explanation **Violation Analysis:** - **Statement 1**: "I passed the CFA exam in three consecutive years" - This is a factual statement about his exam history and does not violate any Standards. - **Statement 2**: "I enrolled in the CFA Program to obtain the highest set of credentials in the global investment management industry" - This violates Standard VII(B) - Reference to CFA Institute, the CFA Designation, and the CFA Program. The statement implies that the CFA designation is superior to other professional credentials, which is prohibited. **Key Points:** - Standard VII(B) prohibits members from making promotional statements that imply the CFA designation is superior to other professional designations - Members should not refer to the CFA designation as "the highest" or "superior" to other credentials - Factual statements about exam history and personal goals are permissible **Correct Answer: C** - Yes, by stating that he took the CFA exam to obtain highest set of credentials in the global investment management industry

Author: LeetQuiz Editorial Team