Disciplinary review committee

The CFA Institute Board committee responsible for enforcing the Code and Standards. Its hearing panels decide contested cases, both whether a violation occurred and what the sanction is.

Where you will meet it

Disciplinary review committee appears in 2 learning outcomes on the CFA syllabus. A few of them:

• Set out how CFA Institute's Professional Conduct Program is organised and the disciplinary steps it uses to uphold the CFA Institute Code and Standards
  CFA Level II · Ethical and Professional Standards

  “Enforcement sits with CFA Institute's Professional Conduct staff, overseen by the Board of Governors, and the Disciplinary Review Committee, whose volunteer charterholders sit on hearing panels.”

• Outline the make-up of CFA Institute's Professional Conduct Program and the steps by which it investigates and disciplines breaches of the Code and Standards
  CFA Level III · Ethical and Professional Standards

  “The Professional Conduct Program is run by CFA Institute's Professional Conduct staff under the oversight of the Board of Governors, with the Disciplinary Review Committee supplying volunteer members for hearing panels.”

Practise it

• Today's practice question One question, with every wrong option explained.
• Free Level I diagnostic test Twelve questions that show which topics to start with.
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All terms beginning with D · Glossary