Industry Challenges

Industry leaders agree that global regulatory reform is coming. Many of our members have asked how they can stay informed about the emerging regulatory landscape. We recommend the following actions:

• Work with your local CFA society to become more engaged in consultations that affect investors and ethical conduct in our markets. 
• Monitor the CFA Institute Centre for Financial Market Integrity webpages for ongoing updates of our consultations and commentary on emerging industry issues. These issues include corporate governance and executive compensation, asset management practices and fees, and mark-to-market accounting and other financial reporting matters.
• Sign up for Advocacy Update, the bimonthly e-newsletter from the CFA Institute Centre for Financial Market Integrity. This communication will keep you informed about the Centre’s advocacy efforts and volunteer opportunities.
• Bring ethics and integrity to the forefront within your own firms or the firms over which you have some influence as a director, trustee, or member. CFA Institute offers programs, events, and templates designed to bring ethics into your spheres of influence. Another good resource is Yale’s Millstein Center, which has helped set the tone on many ethical issues.

CFA institute anticipates increases in regulatory and legislative activity as the industry crisis stabilizes. We are tracking these details closely and will continue to survey you as issues surface. Our most recent survey effort focused on short selling. We are also developing plans to alert CFA societies to key legislation that will impact our industry, allowing each of you the ability to offer your own commentary to regulators whenever possible. In these unprecedented times, we will keep you informed and welcome your input on key measures.