CFA Practice Question
True or false? For investment professionals, ethical behavior is all about following laws, regulations, and other rules.
Correct Answer: False
Responsible investment professionals should be able to identify potential ethical issues and create solutions to them when there is no definitive rule.
User Contributed Comments 6
| User | Comment |
|---|---|
| angelortiz | That's completely false |
| pigletin | disagree. Laws should b the bottom line?if there are no laws to follow?then every decision you make is base on your own moral judgement. |
| Melssz | Yes Pigletin, but it is not ALL about laws, it is also about doing what is right even when there are no laws to force you doing the right thing |
| jmliguori | Are these similar to what is on the exam because they seem pretty straightforward? |
| zeynul | I totally agree with Melssz. |
| 923029 | Melssz is correct. Rules and laws have to be obeyed. A CFA must practice the highest conduct and actions. |