Standard VI(B) – Priority of Transac ...
Standard VI(B) – Priority of Transactions specifies that investment transactions for clients or... Read More
An ethical dilemma occurs whenever there are two or more choices. In this given circumstance there will always be the best choice, even when each option appears to have negative consequences.
Although the CFA Institute Code of Ethics aspires to drive behavior through high-level, moral principles, a dilemma can occur when two or more standards of conduct compete for primary preference. Major areas in which ethical dilemmas occur are (1) Misrepresentation, (2) Misconduct, (3) Fairness, (4) Loyalty prudence and care. Each will be discussed within a future LOS.