CFA Standards - Overview

Question 1

Standard I professionalism

Answer 1

A. Knowledge of the law
B. Independence and Objectivity
C. Misrepresentation
D. Misconduct

Question 2

Standard II: Integrity of Capital Markets

Answer 2

A. Material Nonpublic Infomration

B. Market Manipulation

Question 3

Standard III: Duties to clients

Answer 3

A. Loyalty, prudence and care 
B. Fair dealing 
C. Suitability 
D. Performance presentation 
E. Preservation of confidentiality

Question 4

Standard IV: duties to Employers

Answer 4

A. Loyalty
B. Additional Compensation Arrangements
C. Responsibilities of supervisors

Question 5

Standard V: Investment analysis, reccomendations and actions

Answer 5

A. Diligence and reasonable basis
B. Communication with clients and prospective clients
C. Record retention

Question 6

Standard VI: Conflicts of interest

Answer 6

A. Disclosure of conflicts
B. Priority of transactions
C. Referral Fees