Are there requirements for claiming compliance with the Asset Manager Code?
Yes. After an asset management organization determines it is in compliance with all aspects of the Code, it must notify CFA Institute by completing a claim of compliance form (PDF). In addition, the following statement must be made whenever the manager states compliance with the Code: “[Insert name of manager] claims compliance with the CFA Institute Asset Manager Code of Professional Conduct. This claim has not been verified by CFA Institute.” Can a manager selectively adopt only portions of the Asset Manager Code? No. Adoption of or compliance with the Code requires that firms adhere to all of the principles of conduct and provisions set forth in the Code. If a firm makes substantive changes that lead to the firm not complying with each of the principles of conduct and provisions of the Code, the firm may not represent that it is in compliance with the Code. Does CFA Institute verify compliance with the Asset Manager Code? No. CFA Institute does not verify compliance with the Code, n
