CFA LVL 1 Ethics

Hi all!
I am first time lvl 1 candidate, can anyone give me an advice about Ethics?

I’ve got 5 readings from CFAI:
ethics and trust… code… guidance… intro to GIPS… GIPS

What should I read and what should I skip in order to save time? Thx!

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I would suggest that you skip . . . nothing.


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skip GIPS, you probably won’t need it anyways. what is the worst thing that could happen?

on second thoughts…

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Agree, Don’t you cut corners on Ethics, it is present in all three exams and apart from earning easy points on test day, it is also very important to use it in day to day operations in modern investment world.

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I recently put together a summary of Ethics, good for all three Levels.

You can find it here:

(Full disclosure: as of 4/25/16, there is a charge to read the articles on my website. You can get an idea of the quality of the articles by looking at the free samples here: