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CFA Level I · CFA Level I Exam · Guidance for Standard IV: Duties to Employers

Standard IV(A) most likely requires members and candidates, in matters related to their employment, to act for the benefit of their employer and to refrain from:

Members and candidates must refrain from conduct that would injure the firm, deprive it of profit, or deprive it of their skills and ability. Standard IV(A) requires acting for the employer's benefit in employment matters without causing harm or divulging confidential information.

  1. Adeclining to subordinate important personal and family obligations to work.
  2. Bconduct that would injure the firm, deprive it of profit, or deprive it of their skills and ability.Correct
  3. Cproviding their employers with a copy of the Code and Standards.

Explanation

The guidance says members must protect the employer's interests by refraining from conduct that would injure the firm, deprive it of profit, or deprive it of their skills and ability. The standard does not require subordinating important personal and family obligations. Giving the employer a copy of the Code and Standards is encouraged, not prohibited.

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