CODE OF ETHICS
Members of CFA Institute [including Chartered Financial Analyst® (CFA®) charterholders] and candidates for the CFA designation (“Members and Candidates”) must:1
• Act with integrity, competence, diligence, respect, and in an ethical manner with the public, clients, prospective clients, employers, employees, colleagues in the investment profession, and other participants in the global capital markets.
• Place the integrity of the investment profession and the interests of clients above their own personal interests.
• Use reasonable care and exercise independent professional judgment when conducting investment analysis, making investment recommendations, taking investment actions, and engaging in other professional activities.
• Practice and encourage others to practice in a professional and ethical manner that will reflect credit on themselves and the profession.
• Promote the integrity and viability of the global capital markets for the ultimate benefit of society.
• Maintain and improve their professional competence and strive to maintain and improve the competence of other investment professionals.
THE STANDARDS OF PROFESSIONAL CONDUCT
1.
I Professionalism
II Integrity of Capital Markets
III Duties to Clients
IV Duties to Employers
V Investment Analysis, Recommendations, and Actions
VI Conflicts of Interest
VII Responsibilities as a CFA Institute Member or CFA Candidate