In the late summer of 2020 I recommended every candidate defer the December 2020 exam to May 2021. If a candidate makes that choice its is on them to face the consequence of their personal choice.
If I hold a BootCamp and I teach that BootCamp and you participate in that Bootcamp then have fulfilled my obligation to disseminate knowledge to help the candidate pass the exam, that is my obligation when you sign up for a Bootcamp. There was absolutely no complaints regarding the content, delivery or quality of the BootCamp.
I have extended my JumpStart Video memberships from 12/31/2020 well into 2021 without cost to every subscriber.
I provided videos of the Fall Bootcamps from the October classes until the December exam date. That has never occurred before and thus an extension of goodwill on my part to further help the candidate from the virtual BootCamp to the exam.
If the candidate has the CFA cancel their exam I have no control over that decision. The candidate took the risk in making that choice based on the pandemic and many candidate chose emotion over reason in making that choice to take the December 2020 exam.
I did provide the choice to further access the BootCamp recordings at less than 50% of the cost of participating in another Bootcamp for those that chose to use the videos again. In the past if a candidate did not pass the reenrolled for the BootCamp at full cost.
If you attend a concert and want to attend another concert again, you have to pay another ticket. If you rent a movie on Apple TV or Netflix and you want to watch it again you have to pay the additional rental. There is nothing unethical in this circumstance. When the CFA Institute takes your registration fees and then defers the exam is that unethical. I taught the class I was asked to teach. I never represented that the recording (that have never been offered before) would be free after the Bootcamp I said I would consider what to do after the class.
I’ve had most candidates say I fulfilled my obligation and went beyond what was promised in the BootCamps. The choice to shut down exam centers was the choice of the CFA Institute. The choice to take the December exam was the candidates choice.