Ethics Reading 3 EOC#21

CFA Level III Ethics
#1

When meeting with Vanderon, does Klein violate any of the CFA Institute Standards?

                              No.
                           
                           
                              Yes, because he improperly references the CFA designation.
                           
                           
                              Yes, because he claims enhanced portfolio management skills.

Shouldn’t both B & C be the right answer here? Can someone explain?

#2

If, for example, he knew nothing about portfolio management before studying for the CFA exams, and now he knows that a mix of stocks and bonds can have a lower risk than either stocks or bonds alone, then his claim that completion of the program has enhanced his portfolio management skills is true. He’s not saying that he’s a good portfolio manager; he’s saying only that he is better than he was before completing the program.