Misrepresentation of Performance - CFA® Level 1 Exam | Test Prep

Misrepresentation of Performance

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Question

Misrepresentation of performance is prohibited by section ________ of the Standards of Professional Conduct.

Answers

Explanations

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A. B. C. D. E.

Explanation

Standard V (B) states "Members shall not make any statements, orally or in writing, that misrepresent the investment performance that they or their firm have accomplished or can reasonably be expected to achieve."