Final answer:
The CFA Code of Ethics requires members to exercise care, promote market integrity, and act with integrity and respect. It does not specifically require avoiding excessive remuneration, but implies compensation should be fair.
Step-by-step explanation:
The CFA Code of Ethics sets the standards for professional conduct within the field of finance and investment. Members of the CFA Institute are required to:Use reasonable care and exercise independent professional judgement.Promote the integrity of capital markets.Act with integrity, competence, diligence, and respect.However, the CFA Code of Ethics does not specifically require members to avoid excessive remuneration. Instead, the expectation is that their compensation will be fair and reflective of the value they provide in their professional roles.
This focus on fairness rather than a cap on earnings distinguishes the ethical guidelines of the CFA Institute The CFA code of ethics is a set of guidelines that members of the Chartered Financial Analyst (CFA) program must adhere to. It emphasizes the importance of ethical behavior and professional conduct in the field of finance. Members are required to avoid excessive remuneration, use reasonable care and exercise independent professional judgment, and promote the integrity of capital markets. However, acting with integrity, competence, diligence, and respect is not an exception but rather a requirement of the CFA code of ethics.