A Guide to Ethics in Investments


A Guide to Ethics in Investments details the purpose of the laws that relate to ethical conduct for an investment manager. It stresses the importance of the trust officer to uphold the fiduciary duty to the trust by concentrating on trustee duties, custody of client assets, and recognizing the penalties for violating fiduciary duties. In addition, this course explores what constitutes conflicts of interest and how to avoid them, and provides information on the Uniform Prudent Investor Act (UPIA). This course offers other guidelines to help ensure ethical behavior in trustee investment activities such as self-dealing, equal treatment of accounts, and soft dollar services.


Audience: Trust officers and other trust department personnel.


Learning Objectives: 
After completing this course, students will be able to:

  • Describe laws that pertain to ethical behavior for an investment manager
  • Identify trustee duties relating to investment activities and penalties for violating fiduciary duties
  • Describe common violations of conflict of interest when managing investments
  • Explain prudent investor guidelines, including the prudent man standard, the prudent expert standard, and the Uniform Prudent Investor Act