{"id":35628,"date":"2023-11-25T20:15:15","date_gmt":"2023-11-25T20:15:15","guid":{"rendered":"https:\/\/analystprep.com\/study-notes\/?p=35628"},"modified":"2024-03-26T06:00:28","modified_gmt":"2024-03-26T06:00:28","slug":"study-notes-for-cfa-level-iii-ethical-and-professional-standards-offered-by-analystprep","status":"publish","type":"post","link":"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/study-notes-for-cfa-level-iii-ethical-and-professional-standards-offered-by-analystprep\/","title":{"rendered":"Study Notes for CFA\u00ae Level III \u2013 Ethical and Professional Standards \u2013 offered by AnalystPrep"},"content":{"rendered":"<h2>Reading 29: Code of Ethics and Standards of Professional Conduct<\/h2>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/professional-conduct-program\/\" rel=\"noopener\" target=\"_blank\">Los 29 a: 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<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/introduction-to-the-study-of-the-code-of-ethics-and-standards-of-professional-conduct\/\" rel=\"noopener\" target=\"_blank\">Los 29 b: Explain the ethical responsibilities required by the Code and Standards, including the sub-sections of each standard.<\/a><\/p>\n<h2>Reading 30: Guidance for Standards I\u2013VII<\/h2>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/guidance-for-standards-i-vii\/\" rel=\"noopener\" target=\"_blank\">Guidance for Standards I\u2013VII<\/a><\/p>\n<h2>Reading 31: Application of the Code and Standards<\/h2>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/application-of-the-code-and-standards\/\" rel=\"noopener\" target=\"_blank\">Application of the Code and Standards<\/a><\/p>\n<h2>Reading 32: Asset Manager Code of Professional Conduct<\/h2>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/the-asset-manager-code-of-conduct\/\" rel=\"noopener\" target=\"_blank\">Los 32 a: Explain the purpose of the Asset Manager Code and the benefits that may accrue to a firm that adopts the Code<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/the-general-principles-of-conduct-and-the-asset-manager-code-of-professional-conduct\/\" rel=\"noopener\" target=\"_blank\">Los 32 b: Explain the ethical and professional responsibilities required by the six General Principles of Conduct of the Asset Manager Code<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/asset-manager-code\/\" rel=\"noopener\" target=\"_blank\">Los 32 c, d: Asset Manager Code<\/a><\/p>\n<h2>Reading 33: Global Investment Performance Standards<\/h2>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/objective-and-scope-of-the-gips-standards\/\" rel=\"noopener\" target=\"_blank\">Los 33 a: Discuss the objectives and scope of the GIPS standards and their<br \/>\nbenefits to prospective clients and investors, as well as investment managers<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/fundamentals-of-compliance\/\" rel=\"noopener\" target=\"_blank\">Los 33 b: Discuss requirements of the GIPS standards with respect to return calculation methodologies, including the treatment of external cash flows, cash and cash equivalents, and expenses and fees<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/time-weighted-return\/\" rel=\"noopener\" target=\"_blank\">Los 33 c: Explain the recommended valuation hierarchy of the GIPS standards<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/valuation-requirements\/\" rel=\"noopener\" target=\"_blank\">Los 33 d: Explain requirements of the GIPS standards with respect to composite return calculations, including methods for asset-weighting portfolio returns<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/composite-time-weighted-return-calculations\/\" rel=\"noopener\" target=\"_blank\">Los 33 e, f: Composites: Identifying Eligible Portfolios and Establishing Investment Strategies<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/composites-inclusion-and-exclusion-of-portfolios\/\" rel=\"noopener\" target=\"_blank\">Los 33 g: Explain requirements of the GIPS standards with respect to composite construction, including switching portfolios among composites, the timing of the inclusion of new portfolios in composites, and the timing of the exclusion of terminated portfolios from composites<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/requirements-for-presenting-and-reporting-composites\/\" rel=\"noopener\" target=\"_blank\">Los 33 h: Explain requirements of the GIPS standards with respect to presentation and reporting<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/requirements-for-presenting-and-reporting-composites-2\/\" rel=\"noopener\" target=\"_blank\">Los 33 i: Explain the conditions under which the performance of a past firm or affiliation may be linked to or used to represent the historical performance of a new or acquiring firm<\/a><\/p>\n<p><a href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/verification\/\" rel=\"noopener\" target=\"_blank\">Los 33 j: Discuss the purpose, scope, and process of verification<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reading 29: Code of Ethics and Standards of Professional Conduct Los 29 a: 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&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[571],"tags":[],"class_list":["post-35628","post","type-post","status-publish","format-standard","hentry","category-cfa-level-iii","blog-post","no-post-thumbnail","animate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Study Notes for CFA\u00ae Level III \u2013 Ethical and Professional Standards \u2013 offered by AnalystPrep - CFA, FRM, and Actuarial Exams Study Notes<\/title>\n<meta name=\"description\" content=\"Learn Ethics and Standards of Professional Conduct, guidance for standards I-VII, application of the Code and Standards, Asset Manager Code of Professional Conduct, and Global Investment Performance Standards (GIPS).\" \/>\n<meta name=\"robots\" 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