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Sanctions & StatisticsCandidates and members are subject to investigationIndustry Violations

Industry-related sanctions are issued for professional conduct in violation of the Code and Standards that impacts clients, potential clients, securities markets, employers, other members, and the public as a whole. 

CFA Exam-Related Violations

Exam-related sanctions are issued for violating the rules and regulations of CFA Program.

Our Process

Learn about how we investigate alleged violations.

Notify Us

If you have witnessed an alleged violation of the code and standards by a member or candidate, use the online complaint center.