Question

Has Rule violated Standard VII(B)-Reference to CFA Institute, the CFA Designation, and the CFA Program in his marketing material?

Answer 1

According to Standard VII(B) of the CFA Institute's Code of Ethics and Standards of Professional Conduct, members and candidates are not allowed to make false or misleading statements regarding their qualifications or affiliations with the CFA Institute, the CFA designation, or the CFA program.

Step-by-step explanation:

According to Standard VII(B) of the CFA Institute's Code of Ethics and Standards of Professional Conduct, members and candidates are not allowed to make false or misleading statements regarding their qualifications or affiliations with the CFA Institute, the CFA designation, or the CFA program.

In this case, if Rule has violated this standard in his marketing material by making false or misleading statements, then he would be in violation of the Standard VII(B).

An example of a violation could be if Rule claimed to be a certified CFA charterholder when he is not, or if he misrepresented the CFA program in any way.