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CFA Level 1 (2009) - 1

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LEVEL 1 BOOK 1: ETHICAL :\\10 rR,~\~'ESSIONALSTANDARDS. AND QUANTITATIVE METHODS

©2008 Kaplan Schwcser. AJl rights reserv~d.

Published in 2008 by Kaplan Schweser.

Printed in [he United States of America.

ISBN: 1-60373-228-4 /978-1-60373-228-4

PPN: 45539CFA

[f this book docs not have the hologram with rhe Kaplan Schwcser logo on the back cover, il was disrribured withour permission of Kapiall Schwescr, a Division of Kaplan, Inc., and is in direct violation of global copyright laws. Your assisrance in purming potential violators of this law is greatly appreciated.

Required CFA Institure@ disclaimer: "CFA® and Chartered Financial Analyst® arc trademarks owned by CFA Institute, CFA Institute (formerly the Association for Investment Management and Research) does not endorse. promote, review, or warrant th~ accuracy of the products or services offered by Kaplan Schwcser."

Certain materials contained within this text arc the copyrighted property of CFA Institute, The following is the copyright disclosure for these materials: "Copyright. 2009, CFA Institute, Reproduced and republished from 2009 Learning Outcome Statements, Level 1, 2, and 3 questions from CFA® Program Materials, CFA Institute Standards of Professional Conduct, and CFA Institute's Global Investmenr Performance Standards with permission from CFA Institute. AJI Rights Reserved."

These materials may not be copied without written permission from the author, The unauthorized duplication of these notes is a violation of global copyright laws and the CFA Institure Code of Ethics, Your assistance in pursuing potential violators of this law is greatly appreciated.

Disclaimer: The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2009 CFA Level I Study Guide. The information contained in these Nqtes covers topics contained in the readings referenced by CFA Institute and is believed to be accurate. However, their accuracy cannot be guaranteed nor is any warranty conveyed as to your ultimate exam success. The authors of the referenced readings have not endorsed or sponsored these Notes.

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