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CFA Level I VIP Practice Exam
CFA — The Chartered Financial Analyst (CFA) exam is administered by the CFA Institute; Level I consists of 180 multiple-choice questions across two sessions totaling 4.5 hours, covering 10 topic areas including ethics, quantitative methods, economics, financial statement analysis, equity, fixed income, derivatives, alternative investments, and portfolio management.
53
Questions
135m
Time Limit
70.00%
To Pass
Question 1 of 53👑 VIP
Maria Chen, CFA, is an equity analyst at a regional brokerage firm. A manufacturing company she covers has just disclosed, in a private call arranged for institutional clients only, that it expects to miss next quarter's earnings guidance by 20%. Maria immediately updates her model and revises her rating to 'Sell' before the information is made public. She does not trade in her personal account but sends the revised report only to the firm's top five institutional clients. Which CFA Institute Standard of Professional Conduct has Maria most likely violated?
Questions 2–53 and full explanations are VIP-exclusive.