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Investments-R-Us is a growing investment advisory firm, which recently hired 5 CFA charter-holders for senior management

Posted: Sun Aug 07, 2022 5:58 pm
by answerhappygod
Investments-R-Us is a growing investment advisory firm, which recently hired 5 CFA charter-holders for senior management positions. In an advertisement, the firm promised clients excellent client service and timely investment advice. To bolster this motto, all 5 CFA charter-holders were praised in the advertisement for their commitment, professionalism and high intelligence displayed in passing the CFA program in 3 straight attempts. IRU has

A. violated the AIMR Presentation Standards by selectively presenting its expertise in the field.
B. violated Standard II (A) - Use of Professional Designation - by implying superior results based on the fact that the CFA charter-holders passed every exam in first attempt.
C. none of these answers.
D. not violated any of standards in the AIMR code.