土豆妮

According to the CFA Institute Code of Ethics, CFA Institute members shall:

A) 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.

B) maintain knowledge and comply with all applicable laws, rules and regulations.

C) preserve the confidentiality of information communicated by clients, prospects, or employers concerning investment matters.

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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.

土豆妮

All of the following are components of the Code of Ethics EXCEPT:

A) using reasonable care and exercising independent professional judgment.

B) striving to maintain and improve their competence and the competence of others in the profession.

C) demonstrating diligence, independence, and thoroughness when preparing investment reports.

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Demonstrating diligence, independence, and thoroughness when preparing investment reports is found in the Standards of Professional Conduct.

土豆妮

The Code of Ethics does NOT explicitly say that a CFA Institute member shall do which of the following?

A) Exercise independent professional judgment.

B) Act with integrity.

C) Actively lobby for new laws to protect the public.

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The Code of Ethics says nothing about a CFA Institute member lobbying for new laws. In fact, legal issues are not a part of the Code. The Standards of Professional Conduct say that the member shall obey laws.

土豆妮

Which of the following is NOT part of the CFA Institute Code of Ethics?

A) Contractual provisions.

B) Independent judgment.

C) Competence.

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Contractual provisions are not part of the Code of Ethics.