Reading 1- LOS B-Q21 following, black, border, members, class

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Which of the following is a component of the Code of Ethics? CFA Institute members shall:

A) strive to maintain and improve their competence and the competence of others in the profession.

B) disclose to their employer all matters that reasonably could be expected to interfere with their duty to their employer or ability to make unbiased and objective recommendations.

C) act for the benefit of their clients and place their clients' interests before their own.

D) consider the appropriateness and suitability of investment recommendations or actions for each portfolio or client.

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The correct answer was A

Striving to maintain and improve their competence and the competence of others in the profession is one of the components of the Code of Ethics, whereas the other statements are part of the Standards of Professional Conduct.

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