Which of the following does NOT constitute a violation under CFA Institute Standards?

The correct choice reflects an action that does not violate CFA Institute Standards because communicating the expectation to pass future CFA exams does not misrepresent one's qualifications or accomplishments. This communication can be viewed as setting a goal or aspiration rather than making a misleading claim about already achieved credentials.

In contrast, the other options involve actions that can lead to misrepresentation or breaches of ethical guidelines. For instance, including partial designations in marketing materials is misleading as it may imply qualifications that are not fully attained. Passing CFA exams without proper registration is a violation because it undermines the integrity of the certification process. Accurately reporting passing previous exam levels is a requirement for maintaining credibility and honesty according to the CFA Institute’s ethical standards, making it critical for candidates to disclose this information properly.