3 months ago, Fred Hoyle received the AIMR letter, informing him that he had passed Level II exam. He has now registered for Level III exam. Fred can do which of the following?
I. Put "CFA-II" on his business card, as long as it is in a smaller font than his name.
II. Mention on his resume that he has passed Level II exam of the CFA program.
III. Mention that he is a Level III candidate in the CFA program.
IV. Inform his clients of his professional progress and assure them of his quality as an analyst.
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A. B. C. D.D
Standard II (A).
According to the information provided, Fred Hoyle has received a letter from the Association for Investment Management and Research (AIMR) informing him that he has passed the Level II exam of the CFA program and has registered for the Level III exam. Let's go through each option and determine which actions Fred can take:
I. Put "CFA-II" on his business card, as long as it is in a smaller font than his name. This statement is incorrect. The correct designation for someone who has passed Level II of the CFA program is "CFA Level II Candidate." Fred cannot put "CFA-II" on his business card, regardless of the font size. Therefore, Option I is not valid.
II. Mention on his resume that he has passed the Level II exam of the CFA program. This statement is correct. Fred can mention on his resume that he has passed the Level II exam of the CFA program. This is a significant achievement, and it is appropriate to include it on a resume to highlight his professional qualifications and commitment to the investment management industry.
III. Mention that he is a Level III candidate in the CFA program. This statement is correct. Fred can mention that he is a Level III candidate in the CFA program. This indicates that he has successfully completed the Level II exam and has registered for the Level III exam, showing his progress in the CFA program.
IV. Inform his clients of his professional progress and assure them of his quality as an analyst. This statement is correct. Fred can inform his clients of his professional progress and assure them of his quality as an analyst. Sharing his achievements and progress with clients can help build trust and credibility, demonstrating his dedication to professional development and continuous improvement.
Based on the analysis above, the correct options are II and IV. Therefore, the answer is D. II and III only.