Bob White, a new CFA charterholder, lists on his resume:

• A. No
• B. Yes, his resume is incorrect
• C. Yes, both his bio and his resume are in violation
• D. It depends on the jurisdiction

Answer: (B)

Using the CFA designation truthfully and consistently is the key idea. The CFA credential is earned and kept only when you meet the requirements and stay in good standing, and how you present that credential on resumes or bios must reflect your actual status without implying something you don’t have or cannot verify.

In this scenario, the way Bob’s credentials are presented on the resume is not aligned with those rules, so the resume is considered incorrect. There’s no jurisdictional exception to the requirement that credentials be stated clearly and accurately; misrepresenting or implying qualifications beyond what is true is not acceptable. The correct approach would be to state his status clearly and consistently, such as identifying him as a CFA charterholder after verifying the exact wording and ensuring it matches his real status.