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Ethical & Professional StandardsModule 1 of 5

Ethics and Trust in the Investment Profession

6

Concepts

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Formulas

1

Decisions

3

Quiz Questions

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Key Concepts

6 concepts covered in this module.

Ethics Defined

Ethics: set of shared beliefs about what is good or acceptable behavior. Goes beyond legal requirements. A code of ethics communicates an organization's values.

Trust in Investment Management

Clients entrust assets to professionals, creating an asymmetric relationship. Trust is the foundation of the investment profession.

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Decision Frameworks

1 decision frameworks to guide your analysis.

How to resolve an ethical dilemma?

  • Apply the ethical decision-making framework systematically
  • Consider all stakeholders affected
  • Choose the action most consistent with the Code of Ethics and professional duty

Mind Map

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Flashcard

Ethics Defined

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Answer
Ethics: set of shared beliefs about what is good or acceptable behavior. Goes beyond legal requirements. A code of ethics communicates an organization's values.
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Code of Ethics and Standards of Professional Conduct