Weirdest CFA Ethics Questions 

Regarding the first example with shorting a correlated stock: based on my understanding of the material non public info section, I'd say it's a violation of the code and standards if it's known that the person intentially tried to benefit from the material non public info. In other words, the correlation doesn't matter, its the intent that is main point

I love your videos. I am sitting for my CFA II at the end of May and I am so nervous! But videos like this make me feel like I'm not the only one that gets confused by some of the material.

Hi, I'm a new subscriber to your channel, which I’m really liking it a lot. A have the following question: Which one is better, to pay for the IMC and pass it, or register and pay for the Level 1 CFA Exam in order to access the curriculum materials but without any intention to sit for the exam? My intention is to at least access the oficial curriculum materials for me to slowly start preparing myself for the CFA Level 1 Exam, since currently I do not have the skills (lack of English full proficiency and maths skills) or time to actually pursue it. I’m aware that the curriculum is constantly updated, but I imagine that it doesn’t change much every year, so I have no worries there. The price for the IMC or the CFA Lvl 1 Exam are almost the same, so I’m actually considering it would be best if I just start slowly preparing myself for the CFA instead of earning the IMC. To give you context, I’m a young in-house legal counsel at a South American stock exchange with the securities broker certification issued by the same local stock exchange and currently coursing the derivatives broker certification that is also issued by the same stock Exchange. I’m currently transitioning to a financial role at a local brokerage firm, most likely as the head of trading and treasury. In that sense, since I do not have a financial academic background (I’m a lawyer) I’m in the need to actually earn knowledge in the field and also a respected certification that would make no one wonder about my qualifications in the field. Besides the CFA I’m thinking of getting an MBA and a Master in Finance or an MBA in Finance instead. All of this would serve as a “replacement” to a financial academic background (economics, accounting, etc.) that I do not have since I’m a lawyer. I have always been passionate about the financial and legal aspect of the capital markets and I’m determined to earn the CFA since it is the most respected certification in the investments field. The local capital markets is not that complex (fixed income mostly and the mutual funds are kind of new) and that’s why I “have the balls” to make this transition into the financial field. The idea is to start in a trading or treasury position and in the future to be a portfolio or fund manager. Sorry for the length of the comment but I would really appreciate it if you could give me some advise in the matter.

I'm the CFA ethics course content developer for one of the major test prep companies. These simply sound like poorly written ethics questions without enough info provided and too many assumptions required.

In RE: Hedge fund manager, he has to get approval from his firm to accept the gift from the client is what I recall from the studying for Level 2 right now

Thank you for this knowledge

For "gray area" questions, is it preferable to chose an answer confirming an ethics violation, or is there no pattern nor "hard-and-fast" rule?

What you prefer for review? Do you think CFA candidate resources is enough?

Amazinggggg!!

Which is better to pursue Cfa plus mba or only cfa after grad

lol a red dress? probably a $40K chanel

u r cfa u dont need our support