Content provided by Steve Donahoe, CLS Senior Portfolio Manager
In attending the CFA Institute leadership conference recently in Washington D.C., I had in the back of my mind that I should blog about the experience.
While walking through the exhibits it hit me. There in front of me lies the CFA Institute’s code of ethics that we charterholders agree to uphold as a condition of receiving our CFA Charter.
The code states:
Act with integrity, competence, diligence, respect, and in an ethical manner with the public, clients, prospective clients, employers, employees, colleagues in the investment profession, and other participants in the global capital markets.
Place the integrity of the investment profession and the interests of clients above my own personal interests.
Use reasonable care and exercise independent professional judgment when conducting investment analysis, making investment recommendations, taking investment actions, and engaging in other professional activities.
Practice and encourage others to practice in a professional and ethical manner that will reflect credit on ourselves and the profession.
Promote the integrity of, and uphold the rules governing, capital markets.
Maintain and improve my professional competence and strive to maintain and improve the competence of other investment professionals.
Adhere to this Code of Ethics
At CLS, our investment team has four CFA charterholders and seven members of the investment team working toward the CFA designation. It is comforting to me to be working with individuals that place ethics in such high regard, and want to be associated with an organization that emphasizes ethics in this way.