Duty of Loyalty in CFA Ethics

Very Easy Cfa Institute Code And Standards Duties - Loyalty And Care

The CFA Institute Code of Ethics and Standards of Professional Conduct emphasizes the necessity for CFA members and candidates to act with integrity, professionalism, and in the best interest of clients. This includes duties related to loyalty and care.

Which of the following behaviors exemplifies the duty of loyalty as outlined in the CFA Institute standards?

Providing investment advice based on personal interests rather than the client's goals.

Acting in the client's best interest in all professional matters.

Recommending only investment options that benefit the advisor.

Hint

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