Misconduct and Rules Violations
If you engage in any misconduct during the exam, you may be dismissed from the test center and subject to other penalties, including voiding of exam results and suspension or termination of your candidacy in the CFA Program.
Misconduct includes:
- Creating a disturbance
- Giving or receiving help
- Opening, working on, or reading the exam during a time not authorized by the testing personnel
- Writing or erasing after instructed to stop
- Removing exam materials or notes from the testing room
- Taking part in an act of impersonation or other forms of cheating
- Failing to follow the directions of testing personnel
- Using books, unapproved calculators, headsets, rulers, listening devices, paging devices (beepers), mobile and cellular phones, recording or photographic devices, papers of any kind, or other aids
- Writing on the front or back of your exam admission ticket at any time (before, during, or after the exam)
- Failing to follow CFA Institute conditions, requirements, policies, or procedures
Candidates are "covered persons" under CFA Institute Bylaws (PDF) and the Rules of Procedure for Proceedings Related to Professional Conduct (Rules of Procedure) (PDF).Therefore, any proceeding/investigation of a candidate's alleged misconduct is considered a professional conduct matter.