SlideShare a Scribd company logo

Lecture C - Standard III Duties to Clients

CODE OF ETHICS - Lecture C - Standard III Duties to Clients

1 of 9
Download to read offline
Standard - III
Duties to Clients
CMT LEVEL - I
Code of Ethics & Standards
Professionalism
Integrity of Capital
Markets
Duties to Clients
Duties to
Employers
Investment
Analysis,
Recommendations,
and Actions
Conflicts of Interest
Standard III - Duties to Clients
Loyalty,
Prudence, and
Care
Fair Dealing Suitability
Performance
Presentation
Preservation
of
Confidentiality
Standard III (A) - Loyalty, Prudence, and Care
•Members and Candidates have a duty of
loyalty to their clients and must act with
reasonable care and exercise prudent
judgment.
•Members and Candidates must act for the
benefit of their clients and place their clients’
interests before their employer’s or their own
interests.
Standard III (B) - Fair Dealing
•Members and Candidates must deal fairly
and objectively with all clients when
providing investment analysis, making
investment recommendations, taking
investment action, or engaging in other
professional activities.
Standard III (C) - Suitability
• When Members and Candidates are in an advisory relationship
with a client, they must:
a) Make a reasonable inquiry into a client’s or prospective client’s
investment experience, risk and return objectives, and financial
constraints prior to making any investment recommendation
b) Determine that an investment is suitable to the client’s
financial situation and consistent with the client’s written
objectives, mandates, and constraints before making an
investment recommendation or taking investment action.
c) Judge the suitability of investments in the context of the client’s
total portfolio.

Recommended

Lecture E - Standard V Investment Analysis, Recommendations, and Actions
Lecture E - Standard V Investment Analysis, Recommendations, and ActionsLecture E - Standard V Investment Analysis, Recommendations, and Actions
Lecture E - Standard V Investment Analysis, Recommendations, and ActionsProfessional Training Academy
 
CFA_Code_of_Ethics_Presentation_ppt.ppt
CFA_Code_of_Ethics_Presentation_ppt.pptCFA_Code_of_Ethics_Presentation_ppt.ppt
CFA_Code_of_Ethics_Presentation_ppt.pptShaitanLadka1
 
KYC - Know Your Costumer and the Importance of Suitability
KYC - Know Your Costumer and the Importance of SuitabilityKYC - Know Your Costumer and the Importance of Suitability
KYC - Know Your Costumer and the Importance of SuitabilityMichaelSabaJD
 
Best Practices for the Selection and Monitoring of Investment Service Providers
Best Practices for the Selection and Monitoring of Investment Service ProvidersBest Practices for the Selection and Monitoring of Investment Service Providers
Best Practices for the Selection and Monitoring of Investment Service ProvidersBallstate1
 

More Related Content

Similar to Lecture C - Standard III Duties to Clients

L1 flash cards ethics (ss1)
L1 flash cards ethics (ss1)L1 flash cards ethics (ss1)
L1 flash cards ethics (ss1)analystbuddy
 
Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...
Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...
Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...Professional Training Academy
 
Become a financial planner
Become a financial plannerBecome a financial planner
Become a financial plannerIMS Proschool
 
Auditing A Practical Approach Extended Canadian 1st Edition Moroney Test Bank
Auditing A Practical Approach Extended Canadian 1st Edition Moroney Test BankAuditing A Practical Approach Extended Canadian 1st Edition Moroney Test Bank
Auditing A Practical Approach Extended Canadian 1st Edition Moroney Test BankTylerYuli
 
Avoiding Customer Complaints
Avoiding Customer ComplaintsAvoiding Customer Complaints
Avoiding Customer Complaintsjimeccleston
 
[NISM series-V] Mutual fund distributors certification examination
[NISM series-V] Mutual fund distributors certification examination[NISM series-V] Mutual fund distributors certification examination
[NISM series-V] Mutual fund distributors certification examinationMarketsUpDown
 
Auditing and Assurance Services In Australia 7th Edition Gay Test Bank
Auditing and Assurance Services In Australia 7th Edition Gay Test BankAuditing and Assurance Services In Australia 7th Edition Gay Test Bank
Auditing and Assurance Services In Australia 7th Edition Gay Test BankMageeMagee
 
IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16
IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16 IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16
IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16 Assette
 
Incorporating Behavioural Training into the Selling Process for Brokerages Firms
Incorporating Behavioural Training into the Selling Process for Brokerages FirmsIncorporating Behavioural Training into the Selling Process for Brokerages Firms
Incorporating Behavioural Training into the Selling Process for Brokerages FirmsFortuna Favi et Fortus Ltd.
 
Incorporating behavioural Training into the Selling Process for Brokerages Firms
Incorporating behavioural Training into the Selling Process for Brokerages FirmsIncorporating behavioural Training into the Selling Process for Brokerages Firms
Incorporating behavioural Training into the Selling Process for Brokerages FirmsFortuna Favi et Fortus Ltd.
 
Dodd-Frank Compliance and Technology Summer Meeting 2013
Dodd-Frank Compliance and Technology Summer Meeting 2013Dodd-Frank Compliance and Technology Summer Meeting 2013
Dodd-Frank Compliance and Technology Summer Meeting 2013Jeffrey C.Y. Li
 
Hr Handbook
Hr HandbookHr Handbook
Hr Handbooktmvivek
 
Corporate Finance Modeling for Investment Analysis
Corporate Finance Modeling for Investment AnalysisCorporate Finance Modeling for Investment Analysis
Corporate Finance Modeling for Investment AnalysisRob Trippe
 
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk CommitteeMIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk CommitteeMoore Ingram Johnson & Steele, LLP
 
Learning lessons from regulation changes in the mortgage market
Learning lessons from regulation changes in the mortgage marketLearning lessons from regulation changes in the mortgage market
Learning lessons from regulation changes in the mortgage marketTony Moroney
 
Using a Forensic CPA for Lawyers
Using a Forensic CPA for LawyersUsing a Forensic CPA for Lawyers
Using a Forensic CPA for LawyersSkoda Minotti
 

Similar to Lecture C - Standard III Duties to Clients (20)

L1 flash cards ethics (ss1)
L1 flash cards ethics (ss1)L1 flash cards ethics (ss1)
L1 flash cards ethics (ss1)
 
Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...
Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...
Code of Ethics | CMT Level 3 | Chartered Market Technician | Professional Tra...
 
Become a financial planner
Become a financial plannerBecome a financial planner
Become a financial planner
 
Registered Valuer in Companies Act 2013
Registered Valuer in Companies Act 2013Registered Valuer in Companies Act 2013
Registered Valuer in Companies Act 2013
 
Financial planning
Financial planningFinancial planning
Financial planning
 
Auditing A Practical Approach Extended Canadian 1st Edition Moroney Test Bank
Auditing A Practical Approach Extended Canadian 1st Edition Moroney Test BankAuditing A Practical Approach Extended Canadian 1st Edition Moroney Test Bank
Auditing A Practical Approach Extended Canadian 1st Edition Moroney Test Bank
 
Lecture A - Standard I Professionalism
Lecture A - Standard I ProfessionalismLecture A - Standard I Professionalism
Lecture A - Standard I Professionalism
 
Avoiding Customer Complaints
Avoiding Customer ComplaintsAvoiding Customer Complaints
Avoiding Customer Complaints
 
[NISM series-V] Mutual fund distributors certification examination
[NISM series-V] Mutual fund distributors certification examination[NISM series-V] Mutual fund distributors certification examination
[NISM series-V] Mutual fund distributors certification examination
 
-
--
-
 
Auditing and Assurance Services In Australia 7th Edition Gay Test Bank
Auditing and Assurance Services In Australia 7th Edition Gay Test BankAuditing and Assurance Services In Australia 7th Edition Gay Test Bank
Auditing and Assurance Services In Australia 7th Edition Gay Test Bank
 
IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16
IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16 IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16
IA Watch/Assette: Advertising & Marketing Compliance Webinar on 1/26/16
 
Incorporating Behavioural Training into the Selling Process for Brokerages Firms
Incorporating Behavioural Training into the Selling Process for Brokerages FirmsIncorporating Behavioural Training into the Selling Process for Brokerages Firms
Incorporating Behavioural Training into the Selling Process for Brokerages Firms
 
Incorporating behavioural Training into the Selling Process for Brokerages Firms
Incorporating behavioural Training into the Selling Process for Brokerages FirmsIncorporating behavioural Training into the Selling Process for Brokerages Firms
Incorporating behavioural Training into the Selling Process for Brokerages Firms
 
Dodd-Frank Compliance and Technology Summer Meeting 2013
Dodd-Frank Compliance and Technology Summer Meeting 2013Dodd-Frank Compliance and Technology Summer Meeting 2013
Dodd-Frank Compliance and Technology Summer Meeting 2013
 
Hr Handbook
Hr HandbookHr Handbook
Hr Handbook
 
Corporate Finance Modeling for Investment Analysis
Corporate Finance Modeling for Investment AnalysisCorporate Finance Modeling for Investment Analysis
Corporate Finance Modeling for Investment Analysis
 
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk CommitteeMIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee
MIJS Captive Management, LLC as a member of the SIIA’s Enterprise Risk Committee
 
Learning lessons from regulation changes in the mortgage market
Learning lessons from regulation changes in the mortgage marketLearning lessons from regulation changes in the mortgage market
Learning lessons from regulation changes in the mortgage market
 
Using a Forensic CPA for Lawyers
Using a Forensic CPA for LawyersUsing a Forensic CPA for Lawyers
Using a Forensic CPA for Lawyers
 

More from Professional Training Academy

SECTION VII - CHAPTER 42 - Being Right or making money
SECTION VII - CHAPTER 42 - Being Right or making moneySECTION VII - CHAPTER 42 - Being Right or making money
SECTION VII - CHAPTER 42 - Being Right or making moneyProfessional Training Academy
 
SECTION VII - CHAPTER 41 - Objective Rules & Evaluation
SECTION VII - CHAPTER 41 - Objective Rules & EvaluationSECTION VII - CHAPTER 41 - Objective Rules & Evaluation
SECTION VII - CHAPTER 41 - Objective Rules & EvaluationProfessional Training Academy
 
SECTION VI - CHAPTER 39 - Descriptive Statistics basics
SECTION VI - CHAPTER 39 - Descriptive Statistics basicsSECTION VI - CHAPTER 39 - Descriptive Statistics basics
SECTION VI - CHAPTER 39 - Descriptive Statistics basicsProfessional Training Academy
 
SECTION V- CHAPTER 38 - Sentiment Measures from External Data
SECTION V- CHAPTER 38  - Sentiment Measures from External  DataSECTION V- CHAPTER 38  - Sentiment Measures from External  Data
SECTION V- CHAPTER 38 - Sentiment Measures from External DataProfessional Training Academy
 
SECTION V - CHAPTER 37 - Sentiment Measures from Market Data
SECTION V - CHAPTER 37 - Sentiment Measures from Market DataSECTION V - CHAPTER 37 - Sentiment Measures from Market Data
SECTION V - CHAPTER 37 - Sentiment Measures from Market DataProfessional Training Academy
 
SECTION V - CHAPTER 36 - Market Sentiment & Technical Analysis
SECTION V - CHAPTER 36 - Market Sentiment & Technical AnalysisSECTION V - CHAPTER 36 - Market Sentiment & Technical Analysis
SECTION V - CHAPTER 36 - Market Sentiment & Technical AnalysisProfessional Training Academy
 
SECTION V - CHAPTER 35 - Academic Approaches to Technical Analysis
SECTION V - CHAPTER 35 - Academic Approaches to Technical AnalysisSECTION V - CHAPTER 35 - Academic Approaches to Technical Analysis
SECTION V - CHAPTER 35 - Academic Approaches to Technical AnalysisProfessional Training Academy
 
SECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdf
SECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdfSECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdf
SECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdfProfessional Training Academy
 
SECTION V - CHAPTER 33 - Noise Traders & Law of One Price
SECTION V - CHAPTER 33 - Noise Traders & Law of One PriceSECTION V - CHAPTER 33 - Noise Traders & Law of One Price
SECTION V - CHAPTER 33 - Noise Traders & Law of One PriceProfessional Training Academy
 
SECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdf
SECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdfSECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdf
SECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdfProfessional Training Academy
 
SECTION IV - CHAPTER 27 - Foreign Exchange - Currencies
SECTION IV - CHAPTER 27 - Foreign Exchange - CurrenciesSECTION IV - CHAPTER 27 - Foreign Exchange - Currencies
SECTION IV - CHAPTER 27 - Foreign Exchange - CurrenciesProfessional Training Academy
 

More from Professional Training Academy (20)

Chapter D - Knowledge Domains and Weightings
Chapter D - Knowledge Domains and WeightingsChapter D - Knowledge Domains and Weightings
Chapter D - Knowledge Domains and Weightings
 
Lecture B - Standard II Integrity of Capital Markets
Lecture B - Standard II Integrity of Capital MarketsLecture B - Standard II Integrity of Capital Markets
Lecture B - Standard II Integrity of Capital Markets
 
SECTION VII - CHAPTER 44 - Relative Strength Concept
SECTION VII - CHAPTER 44 -  Relative Strength ConceptSECTION VII - CHAPTER 44 -  Relative Strength Concept
SECTION VII - CHAPTER 44 - Relative Strength Concept
 
SECTION VII - CHAPTER 43 - Model Building Process
SECTION VII - CHAPTER 43 - Model Building ProcessSECTION VII - CHAPTER 43 - Model Building Process
SECTION VII - CHAPTER 43 - Model Building Process
 
SECTION VII - CHAPTER 42 - Being Right or making money
SECTION VII - CHAPTER 42 - Being Right or making moneySECTION VII - CHAPTER 42 - Being Right or making money
SECTION VII - CHAPTER 42 - Being Right or making money
 
SECTION VII - CHAPTER 41 - Objective Rules & Evaluation
SECTION VII - CHAPTER 41 - Objective Rules & EvaluationSECTION VII - CHAPTER 41 - Objective Rules & Evaluation
SECTION VII - CHAPTER 41 - Objective Rules & Evaluation
 
SECTION VI - CHAPTER 40 - Concept of Probablity
SECTION VI - CHAPTER 40 - Concept of ProbablitySECTION VI - CHAPTER 40 - Concept of Probablity
SECTION VI - CHAPTER 40 - Concept of Probablity
 
SECTION VI - CHAPTER 39 - Descriptive Statistics basics
SECTION VI - CHAPTER 39 - Descriptive Statistics basicsSECTION VI - CHAPTER 39 - Descriptive Statistics basics
SECTION VI - CHAPTER 39 - Descriptive Statistics basics
 
SECTION V- CHAPTER 38 - Sentiment Measures from External Data
SECTION V- CHAPTER 38  - Sentiment Measures from External  DataSECTION V- CHAPTER 38  - Sentiment Measures from External  Data
SECTION V- CHAPTER 38 - Sentiment Measures from External Data
 
SECTION V - CHAPTER 37 - Sentiment Measures from Market Data
SECTION V - CHAPTER 37 - Sentiment Measures from Market DataSECTION V - CHAPTER 37 - Sentiment Measures from Market Data
SECTION V - CHAPTER 37 - Sentiment Measures from Market Data
 
SECTION V - CHAPTER 36 - Market Sentiment & Technical Analysis
SECTION V - CHAPTER 36 - Market Sentiment & Technical AnalysisSECTION V - CHAPTER 36 - Market Sentiment & Technical Analysis
SECTION V - CHAPTER 36 - Market Sentiment & Technical Analysis
 
SECTION V - CHAPTER 35 - Academic Approaches to Technical Analysis
SECTION V - CHAPTER 35 - Academic Approaches to Technical AnalysisSECTION V - CHAPTER 35 - Academic Approaches to Technical Analysis
SECTION V - CHAPTER 35 - Academic Approaches to Technical Analysis
 
SECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdf
SECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdfSECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdf
SECTION V - CHAPTER 34 - Noise Traders as technical Traders.pdf
 
SECTION V - CHAPTER 33 - Noise Traders & Law of One Price
SECTION V - CHAPTER 33 - Noise Traders & Law of One PriceSECTION V - CHAPTER 33 - Noise Traders & Law of One Price
SECTION V - CHAPTER 33 - Noise Traders & Law of One Price
 
SECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdf
SECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdfSECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdf
SECTION V - CHAPTER 32 - Forerunners to Behavioural Finance.pdf
 
SECTION V - CHAPTER 31 - EMH Basics
SECTION V - CHAPTER 31 - EMH BasicsSECTION V - CHAPTER 31 - EMH Basics
SECTION V - CHAPTER 31 - EMH Basics
 
SECTION IV - CHAPTER 30 - VIX Index
SECTION IV - CHAPTER 30 - VIX IndexSECTION IV - CHAPTER 30 - VIX Index
SECTION IV - CHAPTER 30 - VIX Index
 
SECTION IV - CHAPTER 29 - Implied Volatility Basics
SECTION IV - CHAPTER 29 - Implied Volatility BasicsSECTION IV - CHAPTER 29 - Implied Volatility Basics
SECTION IV - CHAPTER 29 - Implied Volatility Basics
 
SECTION IV - CHAPTER 28 - Options
SECTION IV - CHAPTER 28 - OptionsSECTION IV - CHAPTER 28 - Options
SECTION IV - CHAPTER 28 - Options
 
SECTION IV - CHAPTER 27 - Foreign Exchange - Currencies
SECTION IV - CHAPTER 27 - Foreign Exchange - CurrenciesSECTION IV - CHAPTER 27 - Foreign Exchange - Currencies
SECTION IV - CHAPTER 27 - Foreign Exchange - Currencies
 

Recently uploaded

ACTIVIDAD DE CLASE No 1 - SOPA DE LETRAS
ACTIVIDAD DE CLASE No 1 - SOPA DE LETRASACTIVIDAD DE CLASE No 1 - SOPA DE LETRAS
ACTIVIDAD DE CLASE No 1 - SOPA DE LETRASMaria Lucia Céspedes
 
Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...
Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...
Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...EduSkills OECD
 
Unleashing the Power of AI Tools for Enhancing Research, International FDP on...
Unleashing the Power of AI Tools for Enhancing Research, International FDP on...Unleashing the Power of AI Tools for Enhancing Research, International FDP on...
Unleashing the Power of AI Tools for Enhancing Research, International FDP on...Dr. Vinod Kumar Kanvaria
 
Evaluation and management of patients with Dyspepsia.pptx
Evaluation and management of patients with Dyspepsia.pptxEvaluation and management of patients with Dyspepsia.pptx
Evaluation and management of patients with Dyspepsia.pptxgarvitnanecha
 
UniSC Sunshine Coast library self-guided tour
UniSC Sunshine Coast library self-guided tourUniSC Sunshine Coast library self-guided tour
UniSC Sunshine Coast library self-guided tourUSC_Library
 
UniSC Fraser Coast library self-guided tour
UniSC Fraser Coast library self-guided tourUniSC Fraser Coast library self-guided tour
UniSC Fraser Coast library self-guided tourUSC_Library
 
mean stack mean stack mean stack mean stack
mean stack mean stack  mean stack  mean stackmean stack mean stack  mean stack  mean stack
mean stack mean stack mean stack mean stackNuttavutThongjor1
 
Shapley Tech Talk - SHAP and Shapley Discussion
Shapley Tech Talk - SHAP and Shapley DiscussionShapley Tech Talk - SHAP and Shapley Discussion
Shapley Tech Talk - SHAP and Shapley DiscussionTushar Tank
 
Overview of Databases and Data Modelling-1.pdf
Overview of Databases and Data Modelling-1.pdfOverview of Databases and Data Modelling-1.pdf
Overview of Databases and Data Modelling-1.pdfChristalin Nelson
 
UniSC Moreton Bay Library self-guided tour
UniSC Moreton Bay Library self-guided tourUniSC Moreton Bay Library self-guided tour
UniSC Moreton Bay Library self-guided tourUSC_Library
 
2.20.24 The March on Washington for Jobs and Freedom.pptx
2.20.24 The March on Washington for Jobs and Freedom.pptx2.20.24 The March on Washington for Jobs and Freedom.pptx
2.20.24 The March on Washington for Jobs and Freedom.pptxMaryPotorti1
 
CapTechTalks Webinar Feb 2024 Darrell Burrell.pptx
CapTechTalks Webinar Feb 2024 Darrell Burrell.pptxCapTechTalks Webinar Feb 2024 Darrell Burrell.pptx
CapTechTalks Webinar Feb 2024 Darrell Burrell.pptxCapitolTechU
 
skeletal system details with joints and its types
skeletal system details with joints and its typesskeletal system details with joints and its types
skeletal system details with joints and its typesMinaxi patil. CATALLYST
 
BTKi in Treatment Of Chronic Lymphocytic Leukemia
BTKi in Treatment Of Chronic Lymphocytic LeukemiaBTKi in Treatment Of Chronic Lymphocytic Leukemia
BTKi in Treatment Of Chronic Lymphocytic LeukemiaFaheema Hasan
 
LIPIDS UNIT ONE BIOMOLECULE PRESENTATION
LIPIDS UNIT ONE BIOMOLECULE PRESENTATIONLIPIDS UNIT ONE BIOMOLECULE PRESENTATION
LIPIDS UNIT ONE BIOMOLECULE PRESENTATIONSayali Powar
 
Practical Research 1: Qualitative Research and Its Importance in Daily Life.pptx
Practical Research 1: Qualitative Research and Its Importance in Daily Life.pptxPractical Research 1: Qualitative Research and Its Importance in Daily Life.pptx
Practical Research 1: Qualitative Research and Its Importance in Daily Life.pptxKatherine Villaluna
 
Bayesian Analysis Fundamentals with Examples
Bayesian Analysis Fundamentals with ExamplesBayesian Analysis Fundamentals with Examples
Bayesian Analysis Fundamentals with ExamplesTushar Tank
 
Grantseeking Solo- Securing Awards with Limited Staff PDF.pdf
Grantseeking Solo- Securing Awards with Limited Staff  PDF.pdfGrantseeking Solo- Securing Awards with Limited Staff  PDF.pdf
Grantseeking Solo- Securing Awards with Limited Staff PDF.pdfTechSoup
 

Recently uploaded (20)

ACTIVIDAD DE CLASE No 1 - SOPA DE LETRAS
ACTIVIDAD DE CLASE No 1 - SOPA DE LETRASACTIVIDAD DE CLASE No 1 - SOPA DE LETRAS
ACTIVIDAD DE CLASE No 1 - SOPA DE LETRAS
 
Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...
Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...
Andreas Schleicher - 20 Feb 2024 - How pop music, podcasts, and Tik Tok are i...
 
first section physiology laboratory.pptx
first section physiology laboratory.pptxfirst section physiology laboratory.pptx
first section physiology laboratory.pptx
 
Unleashing the Power of AI Tools for Enhancing Research, International FDP on...
Unleashing the Power of AI Tools for Enhancing Research, International FDP on...Unleashing the Power of AI Tools for Enhancing Research, International FDP on...
Unleashing the Power of AI Tools for Enhancing Research, International FDP on...
 
Evaluation and management of patients with Dyspepsia.pptx
Evaluation and management of patients with Dyspepsia.pptxEvaluation and management of patients with Dyspepsia.pptx
Evaluation and management of patients with Dyspepsia.pptx
 
UniSC Sunshine Coast library self-guided tour
UniSC Sunshine Coast library self-guided tourUniSC Sunshine Coast library self-guided tour
UniSC Sunshine Coast library self-guided tour
 
UniSC Fraser Coast library self-guided tour
UniSC Fraser Coast library self-guided tourUniSC Fraser Coast library self-guided tour
UniSC Fraser Coast library self-guided tour
 
mean stack mean stack mean stack mean stack
mean stack mean stack  mean stack  mean stackmean stack mean stack  mean stack  mean stack
mean stack mean stack mean stack mean stack
 
Shapley Tech Talk - SHAP and Shapley Discussion
Shapley Tech Talk - SHAP and Shapley DiscussionShapley Tech Talk - SHAP and Shapley Discussion
Shapley Tech Talk - SHAP and Shapley Discussion
 
Overview of Databases and Data Modelling-1.pdf
Overview of Databases and Data Modelling-1.pdfOverview of Databases and Data Modelling-1.pdf
Overview of Databases and Data Modelling-1.pdf
 
UniSC Moreton Bay Library self-guided tour
UniSC Moreton Bay Library self-guided tourUniSC Moreton Bay Library self-guided tour
UniSC Moreton Bay Library self-guided tour
 
2.20.24 The March on Washington for Jobs and Freedom.pptx
2.20.24 The March on Washington for Jobs and Freedom.pptx2.20.24 The March on Washington for Jobs and Freedom.pptx
2.20.24 The March on Washington for Jobs and Freedom.pptx
 
CapTechTalks Webinar Feb 2024 Darrell Burrell.pptx
CapTechTalks Webinar Feb 2024 Darrell Burrell.pptxCapTechTalks Webinar Feb 2024 Darrell Burrell.pptx
CapTechTalks Webinar Feb 2024 Darrell Burrell.pptx
 
skeletal system details with joints and its types
skeletal system details with joints and its typesskeletal system details with joints and its types
skeletal system details with joints and its types
 
BTKi in Treatment Of Chronic Lymphocytic Leukemia
BTKi in Treatment Of Chronic Lymphocytic LeukemiaBTKi in Treatment Of Chronic Lymphocytic Leukemia
BTKi in Treatment Of Chronic Lymphocytic Leukemia
 
Time-Honored Wisdom: African Teachings for VUCA Leaders
Time-Honored Wisdom: African Teachings for VUCA LeadersTime-Honored Wisdom: African Teachings for VUCA Leaders
Time-Honored Wisdom: African Teachings for VUCA Leaders
 
LIPIDS UNIT ONE BIOMOLECULE PRESENTATION
LIPIDS UNIT ONE BIOMOLECULE PRESENTATIONLIPIDS UNIT ONE BIOMOLECULE PRESENTATION
LIPIDS UNIT ONE BIOMOLECULE PRESENTATION
 
Practical Research 1: Qualitative Research and Its Importance in Daily Life.pptx
Practical Research 1: Qualitative Research and Its Importance in Daily Life.pptxPractical Research 1: Qualitative Research and Its Importance in Daily Life.pptx
Practical Research 1: Qualitative Research and Its Importance in Daily Life.pptx
 
Bayesian Analysis Fundamentals with Examples
Bayesian Analysis Fundamentals with ExamplesBayesian Analysis Fundamentals with Examples
Bayesian Analysis Fundamentals with Examples
 
Grantseeking Solo- Securing Awards with Limited Staff PDF.pdf
Grantseeking Solo- Securing Awards with Limited Staff  PDF.pdfGrantseeking Solo- Securing Awards with Limited Staff  PDF.pdf
Grantseeking Solo- Securing Awards with Limited Staff PDF.pdf
 

Lecture C - Standard III Duties to Clients

  • 1. Standard - III Duties to Clients CMT LEVEL - I
  • 2. Code of Ethics & Standards Professionalism Integrity of Capital Markets Duties to Clients Duties to Employers Investment Analysis, Recommendations, and Actions Conflicts of Interest
  • 3. Standard III - Duties to Clients Loyalty, Prudence, and Care Fair Dealing Suitability Performance Presentation Preservation of Confidentiality
  • 4. Standard III (A) - Loyalty, Prudence, and Care •Members and Candidates have a duty of loyalty to their clients and must act with reasonable care and exercise prudent judgment. •Members and Candidates must act for the benefit of their clients and place their clients’ interests before their employer’s or their own interests.
  • 5. Standard III (B) - Fair Dealing •Members and Candidates must deal fairly and objectively with all clients when providing investment analysis, making investment recommendations, taking investment action, or engaging in other professional activities.
  • 6. Standard III (C) - Suitability • When Members and Candidates are in an advisory relationship with a client, they must: a) Make a reasonable inquiry into a client’s or prospective client’s investment experience, risk and return objectives, and financial constraints prior to making any investment recommendation b) Determine that an investment is suitable to the client’s financial situation and consistent with the client’s written objectives, mandates, and constraints before making an investment recommendation or taking investment action. c) Judge the suitability of investments in the context of the client’s total portfolio.
  • 7. Standard III (C) - Suitability •When Members and Candidates are responsible for managing a portfolio to a specific mandate, strategy, or style, they must make only investment recommendations or take only investment actions that are consistent with the stated objectives and constraints of the portfolio.
  • 8. Standard III (D) - Performance Presentation •When communicating investment performance information, Members and Candidates must make reasonable efforts to ensure that it is fair, accurate, and complete.
  • 9. Standard III (E) - Preservation of Confidentiality •Members and Candidates must keep information about current, former, and prospective clients confidential unless: 1. The information concerns illegal activities on the part of the client or prospective client, 2. Disclosure is required by law, or 3. The client or prospective client permits disclosure of the information.