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Basic Question 1 of 1

After thoroughly investigating the member, Beatrice Arnold decides that the best course of action is to impose disciplinary sanctions. Which sequence best describes a possible outcome of this event?

A. Member accepts sanction > Attends hearing before panel of CFA Institute members > Member is condemned by peers.

B. Member rejects sanction > Attends hearing before panel of CFA Institute members > Panel decides, upon review, that no disciplinary actions are necessary.

C. Member rejects sanction > Designated officer issues a cautionary letter.

User Contributed Comments 16

User Comment
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hussein1978 why said hearing before panel of cfa inst members ???
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Inaganti6 None of the questions willbe this easy.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe the structure of the CFA Institute Professional Conduct Program and the process for the enforcement of the Code and Standards

CFA® 2025 Level I Curriculum, Volume 6, Module 2.