Professions can only exist within an industry when those acting with transparency, integrity, candor, and trust reach a critical mass. Come join Ken Yee, CFA, CPA, JD as he analyses CFA Institute’s Code of Ethics and Standards of Professional Conduct and its relationship to the Asset Manager Code within the Level III CFA Curriculum.

This discussion will follow CFA Institute’s Learning Outcome Statements for 2023 Level III CFA Curriculum Study Session 15 Reading 31, 32, 33 and Study Session 16 Reading 34:

• Describe the structure of the CFA Institute Professional Conduct Program and the disciplinary review process for the enforcement of the CFA Institute Code of Ethics and Standards of Professional Conduct.
• Explain the ethical responsibilities required by the Code and Standards, including the sub-sections of each standard.
• Demonstrate a thorough knowledge of the CFA Institute Code of Ethics and Standards of Professional Conduct by interpreting the Code and Standards in various situations involving issues of professional integrity.
• Recommend practices and procedures designed to prevent violations of the Code and Standards.
• Evaluate practices, policies, and conduct relative to the CFA Institute Code of Ethics and Standards of Professional Conduct.
• Explain how the practices, policies, or conduct does or does not violate the CFA Institute Code of Ethics and Standards of Professional Conduct.
• Explain the purpose of the Asset Manager Code and the benefits that may accrue to a firm that adopts the Code.
• Explain the ethical and professional responsibilities required by the six General Principles of Conduct of the Asset Manager Code.
• Determine whether an asset manager’s practices and procedures are consistent with the Asset Manager Code.
• Recommend practices and procedures designed to prevent violations of the Asset Manager Code.