I came past a ethics question in an item set i completed out of a previous CFA Mock. The question listed 3 statements that were made by a member and you were asked whether they complied with the code and standards. One of the options were something along the lines of “The CFA designation is the highest credential in the investment management industry”. I understand that the CFA designation is one of the most recognised in the industry but there are various other designations as well. Who are the CFAI to say that they are the best? Absolute crap question.