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CFA Level 2
Ethical and Professional Standards

Compensation Arrangements and Research Objectivity

Hard Research Objectivity Standards Compensation Arrangements

As an investment analyst at XYZ Capital, you have been working on a series of reports regarding emerging market securities. Recently, your compensation package was revised to include a performance bonus that is significantly tied to the success of these reports. During a team meeting, your manager emphasized the importance of producing favorable outlooks for the securities covered in your reports to drive higher sales and, subsequently, higher bonuses for the team.

Given the situation you find yourself in, what should be your primary consideration in ensuring adherence to the Research Objectivity Standards under the CFA Institute's Code of Ethics and Standards of Professional Conduct?

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