This standard has two parts:

A. Conduct as Members and Candidates in the CFA Program

This standard states that the members must not engage in activity that affects the reputation or the integrity of the CFA Institute, designation, or exam.

B. Reference to CFA Institute, the CFA Designation, and the CFA Program

This standard states that while referring to CFA Institute, membership, designation, or candidacy, the members and candidates should not exaggerate or misrepresent the meaning or implication of the membership, designation, or candidacy in the CFA program.

The next reading Guidance for Standards I – VII addresses the practical application of the Code of Ethics and Standards of Professional Conduct. We will provide various examples demonstrating the application of these standards and situations that demonstrate the violation of Code and Standards.