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CFA Level I · CFA Level I Exam · Guidance for Standard VII: Responsibilities as a CFA Institute Member or CFA Candidate

A CFA charterholder volunteers to help grade a Level II exam. At a social event, he mentions to a friend preparing for the exam how the grading panel debated scoring of one question. His action most likely:

His action violates Standard VII(A). Members who volunteer in exam development, administration, or grading must not disclose confidential material, including deliberation related to an exam process and scoring information, to unauthorized people. Omitting the question wording does not make the disclosure permissible.

  1. Aviolates Standard VII(A) because deliberation related to an exam process is confidentialCorrect
  2. Bis acceptable because he did not reveal the question's text
  3. Cis acceptable because the friend is not yet a candidate

Explanation

Volunteers must not disclose confidential material to unauthorized persons. Deliberation related to an exam process and scoring information are listed examples. Not revealing the question text does not make the disclosure acceptable.

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