Ethical and Professional Standards Q56

0. Ankit Aacharya, CFA, while making the marketing material for his firm Aakash Capital writes in the brochure, “Aakash Capital is committed to achieving excellent performance for its clients. It hires the most eligible personnel in the field of investment management. Most of the employees have either completed the CFA Program or are enrolled as candidates in the CFA Program. As a CFA charter holder, I am the most qualified to manage client investments.” Aacharya most likely violated the Standard with improper references to the:

Answer
Comment
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Option : A
Explanation : CFA Institute and CFA Designation were improperly referenced. Refer to Standard VII(B) Reference to CFA Institute, the CFA Designation, and the CFA Program.

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