Standards for investment professionals
The integrity of CFA Institute membership, designations, and exam programs is protected by the Code of Ethics and Standards of Professional Conduct.
Maintaining the standard
The CFA Institute’s Code of Ethics and Standards of Professional Conduct form the foundation of ethical guidelines that all members must adhere to by signing the Professional Conduct Statement annually, ensuring their commitment to integrity, which is upheld through a rigorous conduct enforcement process to investigate and discipline violations.
Code of Ethics and Standards of Professional Conduct
Explore the Code and Standards documentation, get guidance on how to apply it and keep up to date on recent changes.
Professional Conduct Statement
Learn about the Professional Conduct Statement, which every member must complete annually.
Professional Conduct
Learn how we investigate allegations, determine violations, impose sanctions, and disclose infringements.
Beyond the code
It's not just about knowing the rules, but understanding how to apply them in often ambiguous circumstances.
Beyond the code
Through codes, guidelines, and standards, CFA Institute develops and administers practical tools for firms to guide the investment industry to higher standards.
Report misconduct
Report possible misconduct by a CFA Institute member or candidate through our reporting channel