farrukhsadiq

I haven't taken the Elan tests, but I found the CFAI mocks pretty close to the actual exam questions. For me, the key strategy for answering the Ethics questions was to figure out which of the 7 professional standards they addressed:

(1) Professionalism
(2) Integrity of Capital Markets
(3) Duties to Clients
(4) Duties to Employers
(5) Investment Analysis, Recommendations, and Actions
(6) Conflicts of Interest
(7) Responsibilities as a CFA Institute Member or CFA Candidate

To help remember this list, I used the mnemonic: "Professional Investors Don't Disclose Internal Confidential Relationships."

Hope this helps,

Patrick
neemonyx.com (or nee.ms)



Edited 2 time(s). Last edit at Sunday, November 21, 2010 at 05:52PM by wbrocks.