SIM 321: Ethics and Professional Standards

Learning Outcomes

At the completion of this course, students should be able to:

1. identify and describe the concept of ethics, the challenges to ethical behavior, and the role played by ethics in their profession;
2. demonstrate the ability to identify and develop frameworks to support ethical decision- making; and
3. evaluate and apply various types of Standards of Professional Conduct; and the National and Global ethical/professional codes of conduct .

Course Contents

Professional Standards of Practice, Standards of professional Conduct, Professional misconduct. Duties to clients and prospects, fair dealing, preservation of client confidentiality, independence and objectivity, fiduciary duties. Portfolio investment recommendations and actions. Responsibilities to investing public. Disciplinary sanctions for violations. Corporate governance, Code of Corporate Governance in Nigeria, Code of conduct for Capital Markets Operators- Institutions, Code of conduct for employees of capital market, Code of conduct for investment advisers/portfolio managers. Current topical issues on corporate governance in Nigeria.