Guidance for Standards IV-VII

Free CFA Level II lesson in Ethical and Professional Standards. 15 min read, ~2,190 words.

IV(A): You may prepare to compete while employed (incorporate, lease space) but must NOT solicit clients or take proprietary materials until after departure. IV(B): Outside compensation requires WRITTEN employer consent, verbal is insufficient. IV(C): Supervisor liability does not require knowledge of the specific violation, inadequate procedures are the violation. V(A)...