Under the AIMR Code of Ethics, members shall practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their ________.
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A. B. C. D. E.D
In accordance with the Standards, members will also strive to maintain and improve their competence and the competence of others in the profession.
Under the AIMR (Association for Investment Management and Research) Code of Ethics, members are required to adhere to professional and ethical standards. This code applies to individuals who are members of AIMR, such as Chartered Financial Analysts (CFAs) and candidates pursuing the CFA designation.
According to the code, members shall practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their "profession" (Option D). This means that members are expected to conduct themselves in a way that upholds the integrity and reputation of the investment management profession as a whole.
Let's examine the other answer choices to understand why they are not the correct options:
A. Families: While personal ethics and values may certainly influence an individual's professional conduct, the code specifically refers to practicing in a manner that reflects credit on members and their profession, not their families.
B. Employer: While members have a duty to act in the best interests of their clients or employers, the code goes beyond the individual employer and focuses on the broader profession of investment management.
C. Public contacts: While members should certainly maintain professional relationships and conduct themselves in a manner that enhances their professional reputation, the code specifically mentions reflecting credit on members and their profession, not their public contacts.
E. None of these answers: This option is not correct because the code explicitly mentions reflecting credit on members and their profession, which aligns with Option D.
In summary, under the AIMR Code of Ethics, members are required to practice in a manner that reflects credit on themselves and their profession. The correct answer choice is D. profession.