Guidance for the Codes and Standards
Standard I: Professionalism
- Standard I(A) Knowledge of the Law (Updated January 2019)
- Standard I(B) Independence and Objectivity (Updated January 2019)
- Standard I(C) Misrepresentation (Updated January 2019)
- Standard I(D) Misconduct (Updated January 2019)
Standard II: Integrity of Capital Markets
Standard III: Duties to Clients
- Standard III(A) Loyalty, Prudence, and Care
- Standard III(B) Fair Dealing
- Standard III(C) Suitability (Updated October 2017)
- Standard III(D) Performance Presentation
- Standard III(E) Preservation of Confidentiality (Updated March 2018)
Standard IV: Duties to Employers
- Standard IV(A) Loyalty
- Standard IV(B) Additional Compensation Arrangements
- Standard IV(C) Responsibilities of Supervisors
Standard V: Investment Analysis, Recommendations, and Actions
- Standard V(A) Diligence and Reasonable Basis
- Standard V(B) Communication with Clients and Prospective Clients
- Standard V(C) Record Retention
Standard VI: Conflicts of Interest
- Standard VI(A) Disclosure of Conflicts
- Standard VI(B) Priority of Transactions
- Standard VI(C) Referral Fees
Standard VII: Responsibilities as a CFA Institute Member or CFA Candidate
- Standard VII(A) Conduct as Participants in CFA Institute Programs (Updated January 2019)
- Standard VII(B) Reference to CFA Institute, the CFA Designation, and the CFA Program (Updated March 2018)