CFA Level 1 Ethical and Professional Standards

Wouldn’t it be great if studying for the CFA® exam was as easy as watching TV?
With AnalystPrep video lessons, it is!

Our video lessons follow the same pattern as the 57 readings from the curriculum, with the exception that we emphasize on the LOS – the learning objectives on which exam questions are based! Plus we add convenient mathematical examples throughout so that you are better prepared on the big day.

Professor James Forjan, who has taught college-level finance classes for over 23 years, summarizes Level I of the CFA exam curriculum in 57 clear and simple videos. With a clear passion for teaching, Prof. Forjan has worked in the CFA exam preparation industry for decades after earning his charter in 2004. His resume includes:

• BS in accounting

• MSc in Finance

• PhD in Finance (minor in Economics and two PhD level classes in Econometrics)

• Has taught at different 6 universities (undergraduate and graduate-level Finance classes)

• Co-author of investment books

• Has crafted, edited, updated, and upgraded a multitude of CFA exam type questions at all levels

• And much more…

This course includes:

• Videos covering each Ethics reading (downloadable)

• Downloadable Powerpoint slides (in PDF format)

In this course, Prof. James Forgan, PhD, CFA, summarizes each Ethics reading and standard of professional conduct so you can learn or review all of the important concepts from CFA Level 1 Ethical and Professional Standards. James Forjan has taught college-level business classes for over 25 years. Ethical and Professional Standards represents 15 percent of the total CFA L1 exam, so Prof. Forjan will make sure you understand well all of the intricacies related to this chapter.

The answers file includes detailed explanations and the referring LOS. Learn from the #1 rated CFA & FRM preparation institution − AnalystPrep.

The readings covered in this course are:

• Reading 56 – Ethics and Trust in the Investment Profession

• Reading 57 – Code of Ethics and Standards of Professional Conduct

• Reading 58 – Guidance for Standards I-VII

  Standard I – Professionalism

  • (A) Knowledge of the law

  • (B) Independence and objectivity

  • (C) Misrepresentation

  • (D) Misconduct

  Standard II – Integrity of Capital Markets

  • (A) Material non-public information

  • (B) Market manipulation

  Standard III – Duties to Clients and Prospective Clients

  • (A) Loyalty and prudence

  • (B) Fair dealing

  • (C) Suitability

  • (D) Performance presentation

  • (E) Preservation of confidentiality

  Standard IV – Duties to Employers

  • (A) Loyalty

  • (B) Additional compensation arrangements

  • (C) Responsibilities of supervisors

  Standard V – Investment Analysis, Recommendations, and Action

  • (A) Diligence and Reasonable basis

  • (B) Communication with clients and prospective clients

  • (C) Records retention

  Standard VI – Conflicts of Interest

  • (A) Disclosure of conflicts

  • (B) Priority of transactions

  • (C) Referral fees

  Standard VII – Responsibilities as a CFA Institute Member or CFA Candidate

  • (A) Conduct as participants in CFA Institute programs

  • (B) Reference to CFA Institute, CFA designation, and CFA program

• Reading 59 – Introduction to
  the Global Investment Performance Standards (GIPS)