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I disagree with the notion that the Level 2 Ethics section cannot be gamed.
The net difference between Level 1 and Level 2 Ethics is Research Objectivity + Soft Dollar Standards. That alone should suggest that a non-trivial portion of Ethics questions will come from those two areas (otherwise there would be no point in introducing new material). These new sections have considerably less material than the Code and Standards, so even for quant types like me, brute-force memorization is no big deal. That, along with some common sense for ethical behavior and vestigial knowledge from L1, should already give you a good base score in Ethics, even without any further practice.
I don’t think I spent more than two days on Ethics in total.

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