CFA Level I: Ethical and Professional Standards

Complete exam-prep course for the Ethical and Professional Standards section of the CFA Level I exam — 15–20% of total exam weight, translating to 27–36 questions and the single topic where strong performance reliably separates passing from failing candidates. The course maps precisely to all five official CFA Institute learning modules: Ethics and Trust in the Investment Profession (LM1), Code of Ethics and Standards of Professional Conduct (LM2), Guidance for Standards I–VII (LM3), Introduction to the Global Investment Performance Standards (LM4), and Ethics Application (LM5). Standard I coverage reflects the 2025 curriculum update that added Standard I(E): Competence. Each chapter targets a distinct exam competency — from ethical decision-making frameworks and the six Code of Ethics components through all seven Standards with their sub-standards, GIPS composite construction and compliance claims, and a final chapter of integrated, exam-difficulty vignettes that build the applied judgment the CFA Institute tests directly. No code is used; this is a concept, case-study, and application-driven course suited to candidates at any stage of exam prep.

  • Level: intermediate
  • Duration: 6 weeks
  • 11 sections
  • Price: $20

Topics: CFA Level I, Ethical and Professional Standards, Code of Ethics, Standards of Professional Conduct, Standard I Professionalism, Standard I(E) Competence, Material Nonpublic Information, Mosaic Theory, Duties to Clients, Suitability, Fair Dealing, Fiduciary Duty, Conflicts of Interest, GIPS, CFA Exam Prep, Investment Ethics

What's inside

  1. CFA Level I: Ethical and Professional Standards
  2. Chapter 1: Ethics and Trust in the Investment Profession
  3. Chapter 2: The CFA Code of Ethics and Standards of Professional Conduct
  4. Chapter 3: Standard I — Professionalism
  5. Chapter 4: Standard II — Integrity of Capital Markets
  6. Chapter 5: Standard III — Duties to Clients
  7. Chapter 6: Standards IV and V — Duties to Employers and Investment Analysis
  8. Chapter 7: Standards VI and VII — Conflicts of Interest and CFA Member Responsibilities
  9. Chapter 8: Global Investment Performance Standards (GIPS)
  10. Chapter 9: Ethics Application — Integrated Case Studies and Exam Strategy
  11. Chapter 10: Full Mock Exam — Ethical and Professional Standards

Read a free sample chapter