Bob is head of standards of practice and outreach at CFA Institute. He is responsible for developing, maintaining, and promoting the Code of Ethics and Standard of Professional Conduct as well as other CFA Institute standards of practice. He also oversees external relations and communications functions for our advocacy and standards of professional conduct activities.
Outside of the judicial system, we’re not so used to seeing reports of bad conduct in which firms and individuals are named. Given that investment management depends on a foundation of trust, practitioner reputations are indeed valuable and deserving of protection. Read more
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The Financial Times’ John Gapper raises the very interesting question of whether otherwise good people can justify unethical activity when “norms and expectations of the corporate elite are corrupt.” Bob Dannhauser, CFA, examines the culture of insider trading. Read more
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Innovation has been a mixed bag for investors, according to an expert panel convened at the 65th CFA Institute Annual Conference in Chicago. Read more
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Bob Dannhauser, CFA, examines how a research paper on the London Stock Exchange informs the debate over balancing regulatory compliance costs with improved corporate governance and investor protections. Read more
Leave a Comment The current state of U.S. regulatory reform is an example of regulatory fragmentation that threatens the kind of coordinated response required to deal effectively with systemic risks.
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Kurt Schacht, CFA, managing director of the Standards and Financial Market Integrity division at CFA Institute, has been selected to serve on the Investor Advisory Committee of the SEC.
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One consequence of recent well-publicized frauds targeting even the most sophisticated of investors (think Madoff, Stanford, et al) is a sharper focus on investor due diligence review of asset managers. The old “Three Ps” (people, process, performance) have given way to increasingly expansive investigations of investment capabilities and the character of firms’ principals.
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