Status after Level 2 test PCP Investigation

[arbguy]

@rsparks

@Keinlop

Will fight for it, but as you guys pointed out, it is a long shot and the odds are not especially high.

rsparks has a good point - i have another AF ac. However, could somebody maybe anwer the question

1. If I am banned permantly (which is just the most frequent outcome of PCP), can I still claim L2 and l1? As in passed L2 2) In applications and background checks, will they disclose the PCP to the person conducting the background checks?

No probs and I would do the same. Personally, I don’t think they would ban you, but more than likely they would void your results and you can take it next year. I would fight it as best you can; maybe bring your study material if you took a lot of notes. I would ask for an unofficial grading if you can and see you fail as they may provide some level of comfort. I find it less likely for someone in level 3 to cheat given what they sacrifice to get there. Counter them and ask if they have investigated the proctor(s) who claim you cheated: do they have convictions, how sure were they; what’s there job history; etc.

You can still claim factual information of passing level 2. if the ban you for two years, you won’t be able to claim level 3 candidate until you enroll again.

In no way are they taking legal action. they are taking action against violations of the code and standards. It will not come up in background checks…

If you do get a ban, look at studying for FRM, CAIA, CA/CPA. or focus on your experience/job apps…just don’t sit around waiting and do not dwell/feel sorry. I would be feeling the same way you are, especially if it wasn’t true, but this exam process is a small part of our lives; there are more important things than any exam.

It would be great if you can update us on your journey. i do not know the process or what you will go through…only by other AF posts. Your insight would be beneficial to the AF community.

He’s concerned with employment background checks verifying his passed level 2 claims and in the process somehow finding out about the investigation. My guess is the institute would not disclose this information without the candidate’s consent. OP did you get verification letters after each pass? Maybe worth preemptively giving those to your prospective employer?

[shanky]

Hi All,

Yesterday, i got an email regarding the PCP investigation process stating that I was writing after time was over. To my surprise the proctor was standing just beside me and he took the sheet immediately. Also, for the afternoon session they have mentioned that while taking out the OMR sheet from the booklet i was reading the first question (which is totally false). I don’t know how to deal with this. As there were no cameras around, i don’t know if they going to believe me. Are they going to ban me from CFA ? Need ur suggestion.

Regards

[sydneyguy]

@shanky

Hi All,

Yesterday, i got an email regarding the PCP investigation process stating that I was writing after time was over. To my surprise the proctor was standing just beside me and he took the sheet immediately. Also, for the afternoon session they have mentioned that while taking out the OMR sheet from the booklet i was reading the first question (which is totally false). I don’t know how to deal with this. As there were no cameras around, i don’t know if they going to believe me. Are they going to ban me from CFA ? Need ur suggestion.

Regards

In such circumstances, The CFA Institute only listen to what the Proctor has to say. You can reply to them with your comments, however, most likely, your exam result might be withheld and then allow you to reappear next year. This has happened with one of my friend.

[sydneyguy]

@Keinlop

So I wrote Level III currently and got a PC letter, which I think is utterly false. I know that I did not cheat nor did I make the impression to have looked at somebody else sheet. While I will fight with everything I can to prove I am not guilty, I think the reality is that I wasted two years of studying and that I will not be able to continue the program (statistically speaking people get banned for glancing, I believe).

While I freaked out in the beginning i try to cope - sometime with less sometimes more anger. My question - am I still allowed to claim that I passed L2 and l1? Will the people who do background checks during applications to potential employees be told that there was/is a PC investigation when checking that I did L1 and L2 or is this not disclosed at that point? This is only me rightfully claiming I passed L2 and L1 not L3.

I dont think anybody can understand how frustrated I am with this as iam definitly innocent - i really tried not even to move in the centre but i really think i cant do anything about it. I would be grateful if somebody could provide an insight on the question

Most likely they might withheld your exam result and then allow you to reappear in the exam next year.

[shanky]

Hi Sydneyguy,

Thanks for your response. I tried reaching out to my network with the same issue, i have received almost the same response. So basically I have to accept what they are reporting. I thought of accepting the first argument as a violation ( writing after the time was over ) and refuting the second argument. Will this approach work ? Any suggestions?

Regards

[jbaby87]

@shanky

Hi Sydneyguy,

Thanks for your response. I tried reaching out to my network with the same issue, i have received almost the same response. So basically I have to accept what they are reporting. I thought of accepting the first argument as a violation ( writing after the time was over ) and refuting the second argument. Will this approach work ? Any suggestions?

Regards

Both accusations are clear violations, so accepting one and refuting the other will just make it that much easier for them to make their decision. If accused of both, then deny both and just hope they let you retake next year (or if you have luck on your side they may buy your argument if solid enough). Accepting one may imply intent and could get a worse fate.

[hashtag]

WTF would be the purpose of accepting one violation and denying the other? And how on God’s green earth are they going to accept the word from a cream puff named shanky over that from a proctor?

#delusional

[125mph]

@hashtag

WTF would be the purpose of accepting one violation and denying the other? And how on God’s green earth are they going to accept the word from a cream puff named shanky over that from a proctor?

#delusional

Bevause the proctor can only do simple math but the creampuff can calculate swap rates.

[CEO10K-DAY]

@125mph

@hashtag

WTF would be the purpose of accepting one violation and denying the other? And how on God’s green earth are they going to accept the word from a cream puff named shanky over that from a proctor?

#delusional

Bevause the proctor can only do simple math but the creampuff can calculate swap rates.

Implying that calculating swap rates ISN’T simple math is exactly what I would expect a cream puff to say.

caught you bro. Cream puff confirmed.

[sp03673]

Why doesn’t CFA institute have exam halls with several cameras? We witness technology everywhere in our day-to-day life. Why institute is staying behind and relying on proctors’ statements/observation?

[S2000magician]

@sp03673

Why doesn’t CFA institute have exam halls with several cameras? We witness technology everywhere in our day-to-day life. Why institute is staying behind and relying on proctors’ statements/observation?

You should ask them: info@cfainstitute.org.

Please let us know what they say.

[sp03673]

Sent email to institute. Will let you all know their response

[sp03673]

@S2000magician

@sp03673

Why doesn’t CFA institute have exam halls with several cameras? We witness technology everywhere in our day-to-day life. Why institute is staying behind and relying on proctors’ statements/observation?

You should ask them: info@cfainstitute.org.

Please let us know what they say.

Sent email to institute. Will let you all know their response

[Akash06]

/

[hashtag]

Well? We’re waiting…

#Caddyshack