Searching through the internet, the situation looks grim. I am not sure if I am allowed to post links here. But, this is just public information which could be useful to people who are being investigated: http://www.wallstreetoasis.com/forums/cfa-pcp-investigation Basically, everyone gets screwed. No one gets our alive.
Hello Guys , I haven’t got any response so far , have any one got anything ?
Are there two separate threads on this? mpcollins (or something like that) was cleared last week or two weeks ago, but sadly also failed.
Did anyone who was undergoing PCP investigation for “Unusual Similarity” receive a response from the institute? Its been 5 months for me and still no response…
I heard all these comments and I am just astounded at how unfair the CFAI can be.Just because they are a private organisation doesn’t give them the right to accuse someone of such a serious offence. Would that not be considered defamation and taken to a higher court of law? Even if they are a private organisation they cannot decide a persons future based on a statistical test. I mean if they find say 20 similar papers out of a 100000 how can they decide who cheated and who didn’t? As I learn more and more about the CFAI they seem more and more like a snobbish and clubby organisation who couldn’t give a sh**t about anyone’s life or future but their own. Its like being refused a seat in a restaurant because of the way you have dressed or because of the colour of your skin.
I hate PCP too, but they have the law on their side on this one. The statistical similarity thing has been argued mostly by ETS for SAT’s (and possibly other tests) and they have won. Courts are really reluctant to get involved in governance matters in private organizations unless their is discrimination involved. I’ve never heard of anyone winning or eveing trying a defamation suit based on a cheating accusation.
Guys did anyone receive any mails from CFAI for the unusual similarity thing? @mpr4437, @Billgates, @Dolphin, @AxiomMan… its almost close to 6 months now and they havent sent out anything…
mpcollins was cleared, but turns out he was accused glancing, not similarity. http://www.analystforum.com/forums/cfa-forums/cfa-general-discussion/91288285?page=1
still no response, hard to believe… I can’t even imagine how they can think i’ve cheated, i took the same exam in 2010 with a good level without similarity problems.
Quick answer on defamation, the CFAI does not publish any of this so no defamation. For any other lega lconsideratiosn, they don’t give out the details to you so you’re going to have a huge mountain to climb in terms of proof.
I am disappointed; it has been 7 months until now without any result from the PCP.
Wow! One can be found not guilty of this stuff! I sorta figured that they wouldn’t send a letter if they didn’t feel there was enough evidence for them to decide you’re guilty. I figured the challenge process was just a formality, because what else can one say, other than “I didn’t do what they said I did.”
Guys, I consider to dump the whole CFA. Do u have any idea what is the similar designation for CFA
I think it will be too late before we can register for the June exam with the PCP verdict still pending…
Did you hear back from them as yet? I got the parcel delivered last week with the gift of “Similarity Analysis”. Was sitting on the first desk first row with 5 proctors and the main invigilator desk right infront of me. Imagine the odds!
Absolutely absurd! Can I get anyone’s email address who’s been through this? I’ld like to know as much as I can…would appreciate any assistance. Thanks
you got a parcel delivered?! damn…
an email to be more specific…that said we sent you a parcel and it was delivered this date/time…
Hi All,
I have the same problem. Can someone please explain how this can affect my career, other than not being able to put CFA next to my name? My question refers to what can happen to my career, can my employer actually fire me if I’m found gulity of this false allegation? I have NOT cheated during the exam and dont want to be punished for something I have not done. Can someone please explain what is the worst case scenario for candidates who get perm banned?
Many Thanks