Guidance for the Codes and Standards
Standard I: Professionalism
- Standard I(A) Knowledge of the Law (Last updated April 2024)
- Standard I(B) Independence and Objectivity (Last updated April 2024)
- Standard I(C) Misrepresentation (Last updated April 2024)
- Standard I(D) Misconduct (Last updated April 2024)
- Standard I(E) Competence (Last updated January 2024)
Standard II: Integrity of Capital Markets
- Standard II(A) Material Nonpublic Information (Last updated April 2024)
- Standard II(B) Market Manipulation (Last updated April 2024)
Standard III: Duties to Clients
- Standard III(A) Loyalty, Prudence, and Care (Last updated April 2024)
- Standard III(B) Fair Dealing (Last updated April 2024)
- Standard III(C) Suitability (Last updated April 2024)
- Standard III(D) Performance Presentation (Last updated April 2024)
- Standard III(E) Preservation of Confidentiality (Updated April 2024)
Standard IV: Duties to Employers
- Standard IV(A) Loyalty (Last updated April 2024)
- Standard IV(B) Additional Compensation Arrangements (Last updated April 2024)
- Standard IV(C) Responsibilities of Supervisors (Last updated April 2024)
Standard V: Investment Analysis, Recommendations, and Actions
- Standard V(A) Diligence and Reasonable Basis (Last updated April 2024)
- Standard V(B) Communication with Clients and Prospective Clients (Last updated January 2024)
- Standard V(C) Record Retention (Last updated April 2024)
Standard VI: Conflicts of Interest
- Standard VI(A) Disclosure of Conflicts (Last updated January 2024)
- Standard VI(B) Priority of Transactions (Last updated April 2024)
- Standard VI(C) Referral Fees (Last updated April 2024)
Standard VII: Responsibilities as a CFA Institute Member or CFA Candidate
- Standard VII(A) Conduct as Participants in CFA Institute Programs (Updated April 2024)
- Standard VII(B) Reference to CFA Institute, the CFA Designation, and the CFA Program (Updated April 2024)