ur not taking violations seriously.
MitchoJ Wrote: ------------------------------------------------------- > FYI 5 people got suspended from cfai program in > December for posting questions on this website. Source? If so Iām out, peace no more talk
MissCleo Wrote: ------------------------------------------------------- > MitchoJ Wrote: > -------------------------------------------------- > ----- > > FYI 5 people got suspended from cfai program in > > December for posting questions on this website. > > Source? If so Iām out, peace no more talk It was either last year or two years ago during L2. Two candidates re-created 95% of the exam verbatim. Just a heads up for you guys. These two guys used Google Groups to communicate with other candidates and used passwords to grant access to only a few individuals. It apparently didnāt work so wellā¦just something to keep in mind.
Here is what the guy is referring to: Disclosure of Exam Content Following the exam, two Level II candidates, Anurag Jain and Nana Kweku Nduom, used Analyst Forum, an internet chat forum, to contribute, solicit, and compile June 2009 Level II CFA exam content. The information was compiled into a spreadsheet and further offered to other candidates via the internet forum and other internet sources. The Professional Conduct Program investigated these matters and found that the candidates engaged in the conduct, thereby compromising the integrity and security of the CFA exam in violation of the CFA Exam Rules, Candidate Pledge, and the CFA Institute Code of Ethics and Standards of Professional Conduct, specifically Standard VII(A) ā Conduct as Members and Candidates in the CFA Program. Both Mr. Jain and Mr. Nduom requested a Hearing Panel. After consideration of the evidence in each respective case, the Hearing Panels determined the candidatesā conduct of compiling, soliciting, and distributing CFA exam content violated the CFA Exam Rules and the CFA Institute Code of Ethics and Standards of Professional Conduct and imposed the sanction of Five-Year Suspension from Participation in the CFA Program and Voiding of Exam Results on each respective candidate.
come on guys have some little senseā¦ those guys compiled the whole exam and distributed it, itās obvious that one or 2 questions are discussed between test takers all the timeā¦ by lunchtime all you could hear was people discussing exam questionsā¦ I think itās great to discuss because you learn while you do it, so it will be useful some day.
It just annoys me that I will never specifically know what I got right and what I got wrong.
A hypothethical question: if I have more Operating Leverage, am I subject to a higher cost of debt?
I believe soā¦ the higher your leverage, the higher your level of risk = the higher your cost of financingā¦? right?
I would be interested in a chat group of fellow CFA takers. Someone post a link.
what is operating leverage again? formula? financial leverage = asset/equity, correct?
Not sure about operating but itās something like how much you have more in EBIT compared to how much you have in Salesā¦ the concept is if most of your costs are fixed, each additional revenue goes straight to ebitā¦ this increases ebit volatility agree?
It was fun thinking it didnāt go too badly, until you read through some of the analysis on here and realised it would probably have been just as productive to have stayed in bed for the day!
Impossible to find groups on this softwareā¦