Finance Ethics

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What is included in standard 1. Professionalism?
A. Knowledge of the law B. Independence + objectivity C. No misrepresentation D. No misconduct
1 of 8
What is included in standard 2. Integrity Of Capital Markets?
A. Can't act on material non public info B. No market manipulation
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What is included in standard 3. Duties To Clients?
A. Loyalty, prudence and care (fiduciary) B. Fair dealing C. Suitability of strategy D. Performance presentation E. Preservation of confidentiality
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When does preservation of confidentiality not stand?
Info concerns client's illegal activities OR disclosure required by law OR client permits disclosure
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What is included in standard 4. Duties To Employers?
A. Loyalty B. No additional compensation (w/o written consent) C. Responsibilities of supervisors
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What is included in standard 5. Investment Analysis, Recommendations + Action
A. Diligence + reasonable basis B. Communication with clients C. Record retention
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What is included in standard 6. Conflicts Of Interest?
A. Disclosure of conflicts B. Priority of transactions C. Referral fees disclosure
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What is included in standard 7. Responsibilities As CFA Institute Member Or Candidate
A. Can't engage in conduct that compromises rep. or security of CFA B. Can't misrepresent or exaggerate the meaning of CFA membership
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Other cards in this set

Card 2

Front

What is included in standard 2. Integrity Of Capital Markets?

Back

A. Can't act on material non public info B. No market manipulation

Card 3

Front

What is included in standard 3. Duties To Clients?

Back

Preview of the front of card 3

Card 4

Front

When does preservation of confidentiality not stand?

Back

Preview of the front of card 4

Card 5

Front

What is included in standard 4. Duties To Employers?

Back

Preview of the front of card 5
View more cards

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