Ethics for the Investment Management Profession

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id="GDPR-modal" class="cfa-modal" aria-hidden="true" role="dialog"> <div class="cfa-modal-dialog">  <div class="modal-content"> <h5 class="modal-title alt" tabindex="0">Privacy Settings</h5> <div class="modal-body"> <p><strong>Functional cookies</strong>, which are necessary for basic site functionality like keeping you logged in, are <strong>always enabled</strong>.</p> <form> <p> <label for="analytics" class="indent-label"> <input id="analytics" class="indent-checkbox" type="checkbox" /> <strong>Allow analytics tracking.</strong> Analytics help us understand how the site is used, and which pages are the most popular. Read the <a href="/en/about/governance/policies/privacy-policy">Privacy Policy</a> to learn how this information is used. </label> </p> </form> </div> <div class="modal-footer"> <button id="privacySave">Save Settings</button> </div> </div> <button id="closePrivacyModal" class="modal-close click-to-close cfaicon-x"> <span class="screen-reader-only">Close Modal</span> </button> </div> </div> </section> <section class="grid-container "> <div class="section-content">  <div><p><span style="color: black;">What makes businesses and financial markets thrive? How do we earn investor confidence? The answer is trust. Trust can only be built through ethical behavior and an industry-wide commitment to values like transparency, integrity, candor, and putting investors first. Since its origin, CFA Institute has championed ethics in the investment profession, setting the highest possible ethical standards for professionals around the globe. </span></p> <p style="color: #000000;">Ethical behavior goes beyond simply following laws and established rules. It is about knowing how to navigate ambiguous ethical situations and put the interests of investors first when the rules are unclear. In addition to the globally recognized <span><a href="https://www.cfainstitute.org/en/ethics-standards/ethics/code-of-ethics-standards-of-conduct-guidance">CFA Institute Code of Ethics and Standards of Professional Conduct</a></span>, CFA Institute offers lifelong learning opportunities to guide investment professionals with ethical decision making and practices throughout every stage of their careers.</p></div>  </div> </section> <section class="grid-container "> <h2 class="section-title h1">What We Do</h2> <div class="section-content"> <section class="grid-container "> <h3>Lifelong Ethics Learning</h3> <div class="section-content"> <ul class="rich-list no-border list-unstyled"> <li> <div class="media"> <div class="media-body"> <span class="list-item-title">Ethics in the CFA® Program</span> <p>A candidate's ethics education begins with the <a href="/en/programs/cfa">CFA Program</a>. Ethical principles and their application in the investment profession are fundamental in all three levels of the CFA Program curriculum.</p> </div> </div> </li> <li> <div class="media"> <div class="media-body"> <span class="list-item-title">Annual Commitment to the CFA Institute Code of Ethics and Standards of Professional Conduct</span> <p>All CFA charterholders, members, and candidates worldwide are required to annually attest to compliance with the <a href="/en/ethics-standards/ethics/code-of-ethics-standards-of-conduct-guidance">CFA Institute Code and Standards</a>. The Code and Standards are updated regularly, ensuring they remain the ethical benchmark for the investment profession globally. Test your comprehension of the Standards of Professional Conduct by taking these <a href="/en/membership/professional-development/pl/standards-professional-conduct-refresher-quizzes">Refresher Quizzes</a>.</p> </div> </div> </li> <li> <div class="media"> <div class="media-body"> <span class="list-item-title">Ethics Education</span> <p>CFA Institute offers learning resources to help guide ethical behavior and practices throughout a professional’s career. Learn more about the CFA Institute <a href="/en/ethics-standards/ethics/ethical-decision-making">Ethical Decision-Making Programs and Framework</a>, both online and in-person, and <a href="/en/ethics-standards/ethics/giving-voice-to-values">Giving Voice to Values</a>, an innovative approach to learning how to effectively act on your values.</p> </div> </div> </li> <li> <div class="media"> <div class="media-body"> <span class="list-item-title">Ethics Microlearning</span> <p>Expertise is honed through practical application. CFA Institute offers regular opportunities, such as through the Ethics in Practice series, for charterholders to practice ethical decision-making skills, expand their knowledge, and share best practices among the global CFA Institute community. Download the <a href="/-/media/documents/ethics-in-practice/ethics-in-practice-casebook-2nd-edition-web.pdf">Ethics in Practice casebook</a> of 100 cases to ready, study, and learn.</p> </div> </div> </li> </ul> </div> </section> </div> </section> </article> </main>   <div class="sharing-card" style="top: 39vh;"> <a href="https://www.facebook.com/sharer/sharer.php?u=https://old.cfainstitute.org/en/ethics-standards/ethics&t=Ethics for the Investment Management Profession" class="fb-link" title="Share on Facebook" target="_blank"> <span class="sr-only">Share on Facebook</span> </a> <a href="http://service.weibo.com/share/share.php?url=https://old.cfainstitute.org/en/ethics-standards/ethics&appkey=PUTAPPKEYHERE&title=Ethics for the Investment Management Profession&language=zh_cn" class="sn-link" title="Share on Weibo" target="_blank"> <span class="sr-only">Share on Weibo</span> </a> <a href="https://twitter.com/intent/tweet?url=https://old.cfainstitute.org/en/ethics-standards/ethics&text=Ethics for the Investment Management Profession" class="t-link" title="Share on Twitter" target="_blank"> <span class="sr-only">Share on Twitter</span> </a> <a href="http://www.linkedin.com/shareArticle?mini=true&url=https://old.cfainstitute.org/en/ethics-standards/ethics&title=Ethics for the Investment Management Profession" class="li-link" title="Share on LinkedIn" target="_blank"> <span class="sr-only">Share on LinkedIn</span> </a> </div>    <footer> <div class="site-footer flex-placeholder"> <ul class="list-inline footer-links"> <li> <a href="https://profile.cfainstitute.org/ContactUs" >Contact Us</a> </li> <li> <a href="/en/ethics-standards/conduct/report-misconduct" title="Report Misconduct" >Report Misconduct</a> </li> <li> <a href="https://www.cfainstitute.org/about/careers" title="Posted Careers" >Careers at CFA Institute</a> </li> <li> <a href="/en/utility/accessibility" >Accessibility</a> </li> <li> <a href="/en/about/governance/policies/privacy-policy" title="Privacy Policy" >Privacy Policy</a> </li> <li> <a href="/en/about/governance/policies/terms-conditions" title="Terms and Conditions" >Terms & Conditions</a> </li> <li> <a href="/en/utility/sitemap" title="Sitemap" >Sitemap</a> </li> <li class="copyright">© 2024 CFA Institute. 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Ethics for the Investment Management Profession