Code of Ethics and Standards of Professional Conduct

Free CFA Level III: Private Wealth lesson in Ethical & Professional Standards. 15 min read, ~2,317 words.

Six Code components: integrity, client interests above personal, independent judgment, encourage ethical conduct, promote capital market integrity, maintain competence. The six components are not ranked, each is a standalone obligation, so violating competence is as serious as violating client interests. Seven Standards translate the Code into enforceable rules. Standards I...

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What this lesson covers

Content
Example 1
Example 2
Common Mistakes
Check Your Understanding
Exam Shortcuts

Learning objectives

code and standards

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