CFA Institute Code of Ethics and Standards of Professional Conduct

CFA Level I Financial Reporting & Analysis · 4:26

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Lyrics

[Verse 1]
In the world of finance, where trust must reign
Six principles guide us through sunshine and rain
Act with integrity, competence too
Diligence and respect in all that you do
Put client interests first, above your own gain
Independence and judgment must always remain

[Chorus]
I-C-D-R, that's how we start
Place clients first, play your part
Seven standards light the way
Professional conduct every day
From professionalism to CFA pride
Ethics and standards are our guide

[Verse 2]
Standard One says know the law, stay objective and true
Don't misrepresent facts or let misconduct break through
Standard Two protects our markets from insider trade
No manipulation, keep the playing field fairly made

[Chorus]
I-C-D-R, that's how we start
Place clients first, play your part
Seven standards light the way
Professional conduct every day
From professionalism to CFA pride
Ethics and standards are our guide

[Verse 3]
Standard Three serves clients with loyalty and care
Fair dealing, suitability, confidentiality we share
Standard Four to employers, we owe our dedication
Additional compensation needs full documentation

[Bridge]
Five is analysis with diligence and reason
Communicate clearly in every season
Six handles conflicts with full disclosure
Seven guards the CFA with professional composure

[Verse 4]
Global capital markets need our protection
Professional competence needs our reflection
Practice ethically and teach others the same
Integrity and viability are part of the game

[Final Chorus]
I-C-D-R, integrity's art
Competence, diligence, respect from the heart
Seven standards light our way
Professional conduct every day
From professionalism to CFA pride
Ethics and standards forever our guide

[Outro]
Six principles strong, seven standards bright
CFA ethics shining light
In every decision that we make
Professional honor is what's at stake

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