Question
Daniela was an investment analyst for a well-known brokerage firm in Mexico. She obtained her CFA certification last year while working for this brokerage, and
Daniela was an investment analyst for a well-known brokerage firm in Mexico. She obtained her CFA certification last year while working for this brokerage, and now that she has obtained her certification, she has decided to open her own investment company in Mexico.
In the marketing materials, she adds the following caption:
By becoming CFA certified in my first 3 attempts in a row, I can make financial recommendations with a high probability of success; You can also be sure that your money is in good hands, since I obtained one of the best scores of my generation in Ethics.
Which of the following statements is(are) false?
a) Daniela has violated standard VI since she has not declared the conflict of interest that she had when performing the CFA certification and working in a brokerage house.
b) Daniela has violated standard VI by stating that she completed the exams in 3 years in a row.
c) Daniela has not violated any standard since she has not yet made any financial recommendation.
d) More work history of Daniela is required to know if she can affirm that the probability of success is high.
e) Daniela has violated standard VII by claiming that she can make financial recommendations with a high probability of success.
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