CFA Level I · CFA Level I Exam · Ethics and Trust in the Investment Profession
The Preamble states that the Code and Standards have served as a model for measuring the ethics of investment professionals globally. This model applies regardless of which of the following?
The Code and Standards serve as a global model for measuring the ethics of investment professionals regardless of job function, cultural differences, or local laws and regulations. The other combinations are not named in the Preamble.
- AJob function, cultural differences, or local laws and regulationsCorrect
- BMembership status, client type, or asset class
- CFirm size, years of experience, or market capitalization
Explanation
The Preamble says the Code and Standards serve as a model for measuring ethics globally, regardless of job function, cultural differences, or local laws and regulations. The other lists are not stated there.
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