Thursday, October 29, 2009

Standards of professional conduct

Including 7 standards with 22 multiple sub-sections

I. Professionalism
A. Knowledge of the law
B. Independence & objectivity
C. Misrepresentation
D. Misconduct
II. Integrity of capital market
A. Material nonpublic information
B. Market manipulation
III. Duties to clients
A. Loyalty, prudence & care
B. Fair dealing
C. Suitability
D. Performance Presentation
E. Preservation of Confidentiality
IV. Duties to employers
A. Loyality
B. Additional compensation arrangement
C. Responsibilities of supervisors
V. Investment analysis, recommendations & actions
A. Diligence & reasonable basis
B. Communication with clients & prospective clients
C. Record retention
VI. Conflicts of interest
A. Disclosure of conflicts
B. Priority of transaction
C. Referral fees
VII. Responsibilities as a CFA Institute member or CFA candidate
A. Conduct as member & candidate in the CFA program
B. Reference to CFA I, the CFA Designation & the CFA Program

No comments:

Post a Comment