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Basic Question 2 of 5
The CFA Institute Code and Standards are an example of ______ standards.
B. principle-based
C. action-based
A. rule-based
B. principle-based
C. action-based
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Learning Outcome Statements
describe the role of a code of ethics in defining a profession
describe professions and how they establish trust
describe the need for high ethical standards in investment management
explain professionalism in investment management
CFA® 2026 Level I Curriculum, Volume 6, Module 1.