Violation of the CFA Code of Ethics & Standards of Professional Conduct?

Fundamental to Our Values

First created in the 1960s, the Code of Ethics and Standards of Professional Conduct are the ethical benchmark for investment professionals around the globe, regardless of job title, cultural differences, or local laws.

All of our members and CFA Program candidates must adhere to the Code and Standards.

What Do the Code and Standards Cover?

The Code of Ethics maintains that Members and Candidates must:

•Place the integrity of the profession and the interests of clients
above their own interests

Did the CFA's who covered most large American financial institutions

violate the CFA code of ethics,

by not disclosing secret Federal Reserve loans?

•Act with integrity, competence, and respect

•Maintain and develop their professional competence

The Standards of Professional Conduct cover:

•Professionalism and Integrity of the capital markets

•Duties to clients and employers

•Investment analysis and recommendations

•Conflicts of interest and Responsibilities of CFA Institute Members and Candidates