Ethical And Professional Standards - Ethical And Professional Standards Section 2

Avatto>>CFA Level 1>>PRACTICE QUESTIONS>>Ethical And Professional Standards>>Ethical And Professional Standards Section 2

23. Signa is a local wealth management firm that mostly employs either CFA charterholders or candidates in the CFA Program as its employees. Hence it uses the name Signa, Chartered Financial Analysts, Inc. as the firm‟s name. Which Standard did Signa most likely violate?

  • Option : A
  • Explanation : Signa has violated Standard VII(B) Reference to the CFA Designation by using it inappropriately as the company’s name.The designation is only meant for individuals and must not be used as a firm’s name.
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