Below you will find a range of online resources to help keep members informed about the most important topics in ethics. Our aim is to provide insightful and relevant information for making practical judgements on ethical issues based on the CFA Institute's Code of Ethics and Professional Standards.
1. Comprehensive ethics
- An introduction to ethical behaviour in asset management, overall approaches to ethics of fiduciaries and frameworks for ethical decision-making
CFA Institute: Ethical Decision Making Framework
Ethical Decision-Making Webinars: Online Ethics Education Opportunities from CFA Institute
2. Clients first
- Fair dealing, self-dealing, treating customers fairly, mis-aligned incentives, prudence and care and suitability
Monkey Business: A Neo-Darwinist Approach to Ethics Codes, John Dobson
3. Misrepresentation
- Mis-selling, manipulative presentation, fraudulent marketing and full and fair disclosure
The Psychology of Ethics in the Finance and Investment Industry, Thomas Oberlechner
4. Conflicts of interest
- Managing conflicts, disclosure of relationships or responsibilities and lack of transparency on compensation
The Risks That Securities Analysts Face, Jeremy Bolland
5. Market misconduct
- Insider trading, market fraud, front running and financial crime
Dishonesty and Dysfunction, Dorothy C. Kelly, CFA
Study Asserts Startling Numbers of Insider Trading Rogues, Andrew Ross Sorkin, NY Times
6. Whistleblowing
- Tone from the inside, managing conflict between duty to employer and ethical behaviour
A Conversation with Michael Woodford: A Whistleblower’s Role in Today’s World
7. Ethical corporate culture
- Tone at the top, ethics pays, return on ethics and creating ethical culture
Confronting Ethical Dilemmas in the Workplace, John R. Boatright
Kweku Adoboli - Lessons learnt
8. Ethics Events - Follow-up
- Bill Browder Event
An interview with Bill Browder
