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Basic Question 2 of 5

The CFA Institute Code and Standards are an example of ______ standards.

A. rule-based
B. principle-based
C. action-based

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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.
Andrea Schildbach

Andrea Schildbach

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® 2024 Level I Curriculum, Volume 6, Module 1.