Standard III(B) – Fair Dealing indicates that CFA members must take advice and/or take action with all clients in a reasonable and objective manner. Compliance Standard III(B) – Fair Dealing urges members to treat all parties fairly to uphold the…

Standard III(C) – Suitability refers to providing recommendations and transactions that align with a client’s willingness and ability. Compliance The essence of Standard III(C) – Suitability lies in the notion that a client’s objectives and financial circumstances are unique. For…

Standard III(D) – Performance Presentation obliges CFA members to make sure communication about investment performance is fair, accurate, and complete. Compliance Similar to Standard I(C) – Misrepresentation, Standard III(D) – Performance Presentation insists that information provided by investment professionals be…

IV. Duties to Employers Standard IV outlines basic responsibilities by investment professionals for their employers. Standard IV(A) – Loyalty Standard IV(A) – Loyalty requires CFA members from behaving in a way that would negatively impact their employer’s reputation or deprive…

Standard IV(B) – Additional Compensation Arrangements obliges members not to accept gifts, additional compensation, or consideration that competes with the interests of an employer. Compliance Standard IV(B) – Additional Compensation Arrangements requires members to obtain written permission before accepting gifts…

Standard IV(C) – Responsibilities of Supervisors indicates that supervisors must make every effort to ensure subordinates comply with appropriate laws, firm policies, and the Code of Standards.

V. Investment Analysis, Recommendations, and Action Standard V outlines the responsibility of investment professionals regarding the performance of due diligence before making recommendations to clients.

Standard V(B) – Communication with Clients and Prospective Clients specifies that members must disclose the limitations and risks associated with investment recommendations and activities.

Standard III(E) – Preservation of Confidentiality requires CFA members to maintain the confidentiality of current, former, and prospective clients under most circumstance. Compliance Due to the relationship between investment professionals and clients, it is common to obtain private information (i.e.,…

Standard VII(B) – Reference to CFA Institute, the CFA Designation, and CFA Program discusses the use of CFA Institute name and logo by individuals and firms. Compliance Caution must be taken not to exaggerate the meaning of the CFA Institute…