Hi All,Having taken level 1 and 2 a long time ago, the Asset Manager Code of Professional Conduct is new. I've always done well on ethics but wanted some advice from others who have taken the test. I fully understand the section, but I was wondering what level of memorization was needed (especially for the essay section of III). Would memorizing the general principles of conduct and the main section headers of the code be sufficient or must all the sub-sections be memorized to do well? I don't mean for this to be a question between learning and memorizing as I will (and have) fully learned the material... only should it be memorized to be cited in the essay section. Thanks in advance!

Ethics usually appears in the PM (multiple choice) paper, see here: https://forum/.300hours.com/discussion/3301/essay-ethics-does-it-happen#latestI'd say a similar approach to Level 1 and 2 applies. From what I can remember Level 3 Ethics was a lot more intuitive to answer than previous levels.

A CFA General Discussion About Asset Manager Code Of Professional Conduct

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This topic has 2 replies, 2 voices, and was last updated Jun-199:57 pm by lancelot18.

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- lancelot18
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  - CFA Level 3
  11 Jun 2019 at 9:48 pm
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  Hi All,
  
  Having taken level 1 and 2 a long time ago, the Asset Manager Code of Professional Conduct is new. I’ve always done well on ethics but wanted some advice from others who have taken the test.
  
  I fully understand the section, but I was wondering what level of memorization was needed (especially for the essay section of III). Would memorizing the general principles of conduct and the main section headers of the code be sufficient or must all the sub-sections be memorized to do well?
  
  I don’t mean for this to be a question between learning and memorizing as I will (and have) fully learned the material… only should it be memorized to be cited in the essay section.
  
  Thanks in advance!
- artyeasel
  Participant
  12 Jun 2019 at 3:09 am
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  5
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  Ethics usually appears in the PM (multiple choice) paper, see here: https://forum/.300hours.com/discussion/3301/essay-ethics-does-it-happen#latest
  
  I’d say a similar approach to Level 1 and 2 applies. From what I can remember Level 3 Ethics was a lot more intuitive to answer than previous levels.
- lancelot18
  Participant
  - CFA Level 3
  12 Jun 2019 at 9:57 pm
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  Thank you… this helps a lot!
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