Standard 1: Professionalism Flashcards
1
Q
A. Knowledge of the Law
A
- Understand and comply with all applicable laws, rules, and regulations (including the Code of Ethics and Standards of Professional Conduct
- In the event of conflict, comply with the more strict law, rule, or regulation.
- Do not knowingly participate or assist in any violation of such laws, rules, or regulations.
- Dissociate from any violation of such laws, rules, or regulations.
2
Q
B. Independence and Objectivity
A
- Use reasonable care and judgment to achieve and maintain independence and objectivity in their professional activities.
- Do not offer, solicit, or accept any gift, benefit, compensation, or consideration that reasonably could be expected to compromise their own or another’s independence and objectivity.
3
Q
C. Misrepresentation
A
- Do not knowingly make any misrepresentations relating to investment analysis, recommendations, actions, or other professional activities.
4
Q
D. Misconduct
A
- Do not engage in any professional conduct involving dishonesty, fraud, or deceit or commit any act that reflects adversely on their professional reputation, integrity, or competence.