CFA Institute Code and Standards plus core quantitative methods concepts tested on CFA Level 1.
45 cards · basic cards · AI-written, checked twice. Edit anything.
- Which CFA Standard requires understanding and complying with applicable laws, rules, and the Code and Standards?
- Standard I(A): Knowledge of the Law
- Which CFA Standard requires using reasonable care to avoid conflicts that compromise independent judgment?
- Standard I(B): Independence and Objectivity
- Which CFA Standard prohibits false or misleading statements about investments or services?
- Standard I(C): Misrepresentation
- Which CFA Standard prohibits conduct involving dishonesty, fraud, or deceit that reflects poorly on professional reputation?
- Standard I(D): Misconduct
- Which CFA Standard prohibits acting or causing others to act on material nonpublic information?
- Standard II(A): Material Nonpublic Information
- Which CFA Standard prohibits practices that distort prices or artificially inflate trading volume?
- Standard II(B): Market Manipulation
- Which CFA Standard requires acting for the benefit of clients and placing client interests before employer or personal interests?
- Standard III(A): Loyalty, Prudence, and Care
- Which CFA Standard requires treating all clients fairly when disseminating investment recommendations or taking investment action?
- Standard III(B): Fair Dealing
- Which CFA Standard requires ensuring investment recommendations match a client's objectives and circumstances?
- Standard III(C): Suitability
- Which CFA Standard requires performance information presented to clients to be fair, accurate, and complete?
- Standard III(D): Performance Presentation
- Which CFA Standard requires keeping current and former client information confidential unless disclosure is required by law?
- Standard III(E): Preservation of Confidentiality
- Which CFA Standard requires acting for the benefit of one's employer and not depriving it of one's skills?
- Standard IV(A): Loyalty
- Which CFA Standard requires written consent from all parties before accepting compensation that competes with an employer's interest?
- Standard IV(B): Additional Compensation Arrangements
- Which CFA Standard requires supervisors to make reasonable efforts to detect and prevent violations of laws and the Code and Standards?
- Standard IV(C): Responsibilities of Supervisors
- Which CFA Standard requires having a reasonable and adequate basis for investment analysis and recommendations?
- Standard V(A): Diligence and Reasonable Basis