Those of you who have just passed Level III of the CFA program and are now about to become CFA charterholders will now be required to comply with the CFA Institute’s:
• Code of Ethics,
• Standards of Professional Conduct, and
• Asset Manager Code of Professional Conduct (AMC)
With regard to the requirements cited in Statement 1, Bray is most likely:
Ethics Standards AMC
A. Correct Correct Correct
B. Correct Correct Incorrect
C. Incorrect Incorrect Incorrect
Bray is incorrect in that candidates in the CFA program are already required to follow and comply with the Code and Standards. She is also incorrect in that the AMC applies to firms, and not to individuals.
I thought candidates and those who already sat through L3 as well are also subjecto to the Code and the Standards??