|Author||Topic: CFA Institute Unrealistic Ethics|
|For CFA Institute to ask charterholders to comply with CFA Institute standards even in foreign jurisdictions that by law require less stringent demands is unrealistic.
We are bound to serve the shareholders of the company that we work for by maximizing revenues within the legal boundaries of the countries we work in.
In Tokyo foreign i-banks make literally millions off the back of trading practices that whilst illegal in the US and against CFA Institute standards, are perfectly legal and common place in Japan.
Anyone who did was not willing to engage in these practices - what would you rather be - an unemployed CFA or a suspended charterholder with a job?
It is things like this that make the charter nearly as farcical as an MBA.
Just don't tell anybody... ;-)
CFA Institute wants you to feel guilty too often...
CFA Discussion Topic: CFA Institute Unrealistic Ethics
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.