When Wes Smith first joined Advisors, Inc., he was excited that all the analysts at the firm had the CFA designation. In letters to prospective clients he states that this ensures that Advisors can provide better service than their competitors. With respect to Code of Standards, this is:()
A. not a violation.
B. a violation because he cannot guarantee better service.
C. a violation for both mentioning the CFA designation and saying the firm can guarantee better service.
参考答案:B
解析:
A violation because he cannot guarantee better service. According to Standard Ⅶ, the analyst cannot make guarantee better service. Smith can mention the fact that all analysts have the designation, but he is limited in what he can say with respect to this fact. He could say, for example, that this means the analysts all had to take and pass three rigorous exams. Members must not make promotional promises or guarantees tied to the CFA designation.