Standards of professional conduct

The enforceable rules that apply the Code's principles to particular situations, worked through case by case in the Standards of Practice Handbook. Breaching one can lead to a sanction.

Where you will meet it

Standards of professional conduct appears in 2 learning outcomes on the CFA syllabus. A few of them:

• Set out the parts that make up the Code of Ethics
  CFA Level I · Ethical and Professional Standards

  “The Code sets the principles, while the Standards of Professional Conduct give the specific, enforceable rules that apply them to situations.”

• Use the Competence standard, I(E), in cases
  CFA Level I · Ethical and Professional Standards

  “Standard I(E), added to the Standards of Professional Conduct in the 12th edition, requires members and candidates to act with and maintain the competence necessary to fulfil their professional responsibilities.”

Learn it properly

• How to become a CFA charterholder: the requirements, step by step Guide
• What is the CFA charter? What it means, how it is earned and who awards it Guide

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.
• Free finance calculators Check your arithmetic on the exam's core formulas.

All terms beginning with S · Glossary