An adviser’s fiduciary duty to always act in a client’s best interest, absent disclosure to the contrary, is epitomized in an adviser’s code of ethics. Today’s codes of ethics go beyond requiring reporting of personal securities transactions and preventing the misuse of material non-public information: They set the overall standard of conduct that advisers expect their personnel to meet in the conduct of an advisory business. This web cast will:

• Discuss who needs to report personal trading information
• Include a mini-case study on how to review personal trading activities
• Review common sanctions for violations
• Discuss best practices with respect to gifts and entertainment and political and charitable contributions
• Provide guidance to advisers that have employees holding outside directorships or similar positions