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this is level one of the cfa program the topic on ethics and professional standards and the very short reading on code of ethics and standards of professional conduct i say this is a very short reading because its taken verbatim out of the handbook and my advice to you is to go ahead and get the handbook just like i did when i went through the program hundreds of years ago you know it was a handbook and i carried it around with me now you guys have your phone so you can you can have it on your phone and whenever i had a moment of peace i would get it out and i would read it and so im gonna go ahead and uh offer that recommendation to you its a much better recommendation than to say hey its a great idea for you to memorize the code and memorize the standards i dont think thats very good advice but if you read this regularly it will somehow become embedded in your brain and the memorization process will be will be a little bit easier now if we look at the losses clearly that secon