What happens when an inquiry is initiated?
Professional Conduct staff conducts investegation that may include requesting a written explanation from the meber or candidate, interviewing the candidate, complaining parties, and thir parties and collecdting documents and records in support of its investigation. Officer can have no disciplinary sanction, issue a cautionary letter, or continue proceedings to discipline the member. If Designated Officer proposes a a sanction it can be rejected or accepted by the member or candidate.
If not accepted, the matter refered to a hearing panel composed of DRC (Disciplinary Reveiw Comittee) members and CFA institue members.