Question #2
Reading: Reading 41 Code of Ethics
PDF File: Reading 41 Code of Ethics.pdf
Page: 1
Status: Correct
Correct Answer: A
Question
According to the CFA Institute Code of Ethics, CFA Institute members shall:
Answer Choices:
A. preserve the confidentiality of information communicated by clients, prospects, or employers concerning investment matters
B. act with integrity, competence, diligence, respect, and in an ethical manner when dealing with the public, clients, prospective clients, employers, employees, colleagues in the investment profession, and other participants in the global capital markets
C. maintain knowledge and comply with all applicable laws, rules and regulations
Explanation
Acting with integrity, competence, diligence, respect, and in an ethical manner when
dealing with the public, clients, prospective clients, employers, employees, colleagues in
the investment profession, and other participants in the global capital markets is one of
the six components of the Code of Ethics, whereas the other statements are part of the
Standards of Professional Conduct.