Explanation:
Statement 2 violates the CFA Institute Standard relating to conduct as participants in CFA Institute Programs because it reveals specific information about exam content. According to the CFA Institute Standards of Professional Conduct, candidates and members must not:
Statement 2 specifically mentions that "they did not test the binomial option valuation model," which reveals information about what was NOT tested on the exam. This could provide an unfair advantage to future candidates by helping them narrow their study focus.
Analysis of other statements:
Therefore, only Statement 2 violates the Standard by disclosing information about exam content.
Ultimate access to all questions.
Vivienne Mercier posts the following three statements on social media immediately after sitting for the CFA exam:
Which of Mercier's statements violates the Standard relating to conduct as participants in CFA Institute Programs?
A
Statement 1
B
Statement 2
C
Statement 3
No comments yet.