Guidance for Standard I: Professionalism

Free CFA Level I lesson in Ethical and Professional Standards. 18 min read, ~2,677 words.

Standard I has four sub-standards: I(A) Knowledge of the Law, I(B) Independence and Objectivity, I(C) Misrepresentation, I(D) Misconduct. When local law and the Standards conflict, follow the stricter rule. The Code is the floor when local law is weaker. I(A) requires dissociation, not external reporting: escalate internally, refuse to sign...