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 within the Level I CFA Curriculum as well as provide some test taking tips for the Level I exam.

This discussion will follow CFA Institute’s Learning Outcome Statements for 2025 Level I CFA Curriculum Volume 6 Ethical and Professional Standards Modules 1-3:

Explain the ethical responsibilities required by the Code and Standards, including the sub-sections of each Standard.

Explain Ethics.

Describe the role of a code of ethics in defining a profession.

Describe professions and how they establish trust.

Describe the need for high ethical standards in investment management.

Explain professionalism in investment management.

Identify challenges to ethical behavior compare and contrast ethical standards with legal standards.

Describe a framework for ethical decision making.

Describe the structure of the CFA Institute Professional Conduct Program and the process for the enforcement of the Code and Standards.

Identify the six components of the Code of Ethics and the seven Standards of Professional Conduct.