“Ethics and Trust in the Investment Profession” is a reading included in the Level I curriculum for the CFA(R) Program. It serves as an introduction to the importance of ethical behavior among investment professionals.
The reading covers the following learning outcomes:
a. explain ethics;
b. describe the role of a code of ethics in defining a profession;
c. describe professions and how they establish trust;
d. describe the need for high ethical standards in investment
management;
e. explain professionalism in investment management;
f. identify challenges to ethical behavior;
g. distinguish between ethical and legal standards;
h. describe a framework for ethical decision making.