Full Description
This textbook comprehensively compiles and describes core financial services-related ethics, compliance, and relevant regulatory standards of practice. It rests on a foundation of theory related to rulemaking, standards enforcement, and ethics with each chapter focusing on the behavioral and psychological factors associated with creating and managing ethical client-focused ethical practices. It includes practical examples of ethics violations and the actions that can be taken to address ethical lapses while also describing cognitive biases and behavioral outcomes related to rules, regulations, and ethical guidelines in the financial services profession. The book includes supplementary materials such as PowerPoints slides, practice test questions, videos, and regulatory updates, and will be of use to students in financial services including CFA and CFP programs alongside financial services professionals.
Contents
Part 1: Foundations of Ethics and Compliance in the Financial Services Profession.- Chapter 1: Introduction to Ethics in the Financial Services Profession.- Chapter 2: Ethical Theories and Frameworks.- Chapter 3: Ethical Decision-Making in the Financial Services Profession.- Chapter 4: Psychology and Behaviors in the Financial Services Profession.- Part 2: Regulatory Environment and Compliance.- Chapter 5: Regulatory Framework in the Financial Services Profession.- Chapter 6: Historical Changes and Key Regulators.- Chapter 7: Risk Management and Compliance.- Part 3: Areas of Ethical Focus.- Chapter 8: Ethics in Client-Facing Roles.- Chapter 9: Insider Trading and Market Manipulation.- Chapter 10: Data Privacy and Cybersecurity.- Chapter 11: Fair Treatment of Clients.- Part 4: Case Studies and Practical Applications.- Chapter 12: Real-World Case Studies in Ethics and Compliance.- Chapter 13: Developing an Ethical Culture in the Financial Services Profession.- Part 5: Future Trends and Challenges.- Chapter 14: Emerging Trends in the Financial Services Profession.- Chapter 15: The Evolving Role of Ethics in a Digital Age.- Chapter 16: Conclusion and Future Directions.
