Ethics in Finance - Prompt Post
Ethics In Finance In the business of finance, it is immensely important to follow a code of ethics because people’s entire life savings and well-being is being trusted to a financial manager, and if there isn’t a code of ethics, workers with the wrong intentions could end up leaving individuals without the money they have worked very hard for. Many different companies have adopted Where I found a great explanation on ethics in finance was the Certified Financial Planner Board of Standards, which is an organization that sets standards for financial planning by enforcing companies to meet their requirements for certification. On their website, they had seven principles for ethics and professional responsibility, those principles were integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence. You can read a more in depth explanation of their code of ethics here . When I think of ethics, I think of doing the right thing, especial...