Which of the following are guiding principles for ethical behavior in the asset management industry as put forward by the CFA Center for Financial Market Integrity?

Question

Quizplus · Accepted Answer

The guiding principles for ethical behavior in the asset management industry emphasize the importance of acting in the best interests of clients and maintaining the integrity of the markets. Among the options provided, only the principle that financial statements should be reported from the perspective of firm shareholders aligns with these overarching goals by ensuring transparency and accountability in financial reporting. The other options either prioritize the interests of investment professionals over clients (A), suggest a specific method for market oversight that is not universally endorsed as a principle (B), or advocate for local customization in financial reporting standards that could undermine global comparability and integrity (C).

Which of the Following Are Guiding Principles for Ethical Behavior