A CFA member who lets their CFA membership lapse should take what action regarding promotional materials?

A CFA member who allows their membership to lapse must cease using any promotional materials that mention the CFA designation. This requirement stems from the ethical standards that govern the use of the designation. Maintaining the integrity and credibility of the CFA designation is paramount, and using promotional materials that reference it after membership has lapsed could mislead clients, employers, or the public about the member's current standing and qualifications.

By stopping the use of such materials, the member upholds the ethical obligations associated with the CFA program, ensuring that they do not present themselves as a current member with the associated benefits and responsibilities. This action protects the value of the CFA designation and maintains trust within the financial community and among clients.