CFA® Level I question of the day
10 October 2026 · Ethical and Professional Standards
Which obligation appears in the Code of Ethics?
Show the answer and explanation
Answer: A. Put the profession and clients before oneself
Placing the integrity of the profession and the interests of clients above one's own interests is one of the Code's six principles.
- B. Guarantee clients a minimum annual return — No return can be guaranteed on a risky investment, and promising one breaches Standard I(C).
- C. Disclose all personal holdings publicly each quarter — Personal holdings are disclosed to the employer under Standard VI(B), not published to the world.
Get a new question every day with spaced review, so the ones you miss come back before you forget them.
Take the free diagnostic →More on Ethical and Professional Standards
Notes, formulas and a worked question for every learning outcome are on the Ethical and Professional Standards page, with the whole CFA Level I syllabus alongside.