Standard VII:
Responsibilities as a CFA Institute
Member or CFA Candidate
Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(A): Conduct as Participants in CFA
Institute Programs
Do not engage in any conduct that compromises the
reputation or integrity of CFA Institute or CFA designation, or
the integrity, validity, or security of CFA Institute programs.
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Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(A): Conduct as Participants in CFA
Institute Programs
Guidance
Conduct includes:
Cheating on the exam
Disregarding rules and policies or security measures
related to exam administration
Giving confidential information to candidates or public
© Kaplan, Inc. 3
Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(A): Conduct as Participants in CFA
Institute Programs
Guidance
Conduct includes:
Improper use of CFA designation to further personal
and professional objectives
Misrepresenting the CFA Institute Professional
Development Program or the Professional Conduct
Statement
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Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(A): Conduct as Participants in CFA
Institute Programs
Guidance
Don’t disclose:
Formulas tested or not tested on exam
Specific question information
Topic emphasis on the exam or topics tested
© Kaplan, Inc. 5
Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(B): Reference to CFA Institute, the
CFA Designation, and the CFA Program
When referring to CFA Institute, membership, designation,
or candidacy, do not misrepresent or exaggerate the
meaning or implications of membership in CFA Institute,
holding the CFA designation, or candidacy in the CFA
program
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Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(B): Reference to CFA Institute, the
CFA Designation, and the CFA Program
Guidance: CFA Institute membership
Complete PCS annually
Pay membership dues annually
Failure to comply with above results in an inactive
member status
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Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(B): Reference to CFA Institute, the
CFA Designation, and the CFA Program
Guidance
Use the marks “Chartered Financial Analyst” or “CFA” in
a manner that does not misrepresent or exaggerate the
meaning or implications of holding the CFA designation.
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Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(B): Reference to CFA Institute, the
CFA Designation, and the CFA Program
Guidance: reference to the CFA program
Candidates may reference participation in CFA
program, but do not imply achievement of any type of
partial designation
Okay to say “passed all levels on first attempt,” but do
not imply superior ability
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Standard VII: Responsibilities as a CFA
Institute Member or CFA Candidate
Standard VII(B): Reference to CFA Institute, the
CFA Designation, and the CFA Program
Recommended procedures
Make sure that your employer is aware of the proper
references to the CFA designation and CFA candidacy.
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