One of the first Learning Outcome Statements (LOS) in the Level 1 curriculum is to state the six components of Code of Ethics. Candidates should memorize the Code of Ethics.
One of the first Learning Outcome Statements (LOS) in the Level 1 curriculum is to state the six components of Code of Ethics. Candidates should memorize the Code of Ethics.
Here is an easy way to glue these concepts to your memory: PEJMAR
Priority - Your client's interests always come first.
Encourage - Practice and encourage others to act professionally and ethically to reflect credit on yourself and the profession.
Judgement - use reasonable care and judgement when performing all professional activities.
Maintain - keep your knowledge up to date and encourage other professionals to do the same.
Actions - employ integrity, competence, diligence, and respect in an ethical manner with everyone.
Rules - promote the integrity of capital markets by following the rules.
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