The CFA Code of Ethics

Members of CFA Institute (including CFA charterholders) and candidates for the CFA designation (“Members and Candidates”) must:
Act with integrity, competence, diligence, respect and in an
ethical manner with the public, clients, prospective clients,
employers, employees, colleagues in the investment profession,
and other participants in the global capital markets.
Place the integrity of the investment profession and the interests
of clients above their own personal interests.
Use reasonable care and exercise independent professional judg-
ment when conducting investment analysis, making investment
recommendations, taking investment actions, and engaging in
other professional activities.
Practice and encourage others to practice in a professional and
ethical manner that will reflect credit on themselves and the
profession.
Promote the integrity and viability of the global capital markets for
the ultimate benefit of society.
Maintain and improve their professional competence and strive
to maintain and improve the competence of other investment
professionals.