CFA一级复习提纲_May.docVIP

CFA Level I Review Notes PAGE 29 CFA Level I Review Notes Professional Conduct Program **PCP Principles：Fairness of the process to member and candidate, and maintain the confidentiality of the procedure; Three Designated Office determination： No disciplinary sanction appropriated、cautionary letter、Discipline （**Accept or Reject for a hearing） **PCP Sanction：Condemnation members’ Peers or Suspension candidate’s Participation; Ethical and Professional Standard Professionalism Knowledge of the Law: **Comply with most restrict Law ( including Code Standard) **Disassociate : Seek Legal Opinion (In doubt)—Report to Supervisor and Compliance Department —Resign—Report to Governmental Authorities was not required (Unless in some circumstance and required by Law); **Knowingly Participate violate I(A) Knowledge of the Law ; Unaware Participate violates I (D) Misconduct; Independence Objective **Issue Paid Research——Compensation is allowed and fully disclosed or will violate VI(A) Disclosure of Conflict ,and flat fee is recommended; **Commercial Transportation and Hotel afford by Researched Company was allowed (Not Luxury and compromise Independent, Pay for one’s own was recommended) **Oversubscribe IPO was not allowed and will violate VI(B) Priority of Transaction; **Gift must disclose to employer in any case; Misrepresentation Misleading、Guarantee Investment Performance、Plagiarism; **Information from Financial report and Statistical Report need not be cited; **The extend in using Third-Party report need to fully disclose **Make full description for the firm service and qualification (recommended); **Require employee to Plagiarism not violate I(C) Misrepresentation, But Violate (D) Misconduct and IV(C) Responsibility of Supervisors; Misconduct Unethical、adversely on Professional Reputation、Integrity and Competence Abuse CFA Program to Settle Personal Disputes; **Personal Bankruptcy need not to be disclosed and not violate I (D) Misconduct; **Intoxicated don’t violat