[CFA Level I] 12, Avoiding or Disclosing Conflicts of Interest

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- Core requirements of CFA Standard VI(A) regarding disclosure of potential and actual conflicts of interest.

- Why conflict disclosures must be prominent, delivered in plain language, and provided to clients, prospects, and employers.

- Common conflict scenarios involving personal stock ownership, corporate board service, and sales incentives.

- Why disclosure provides transparency but does not permit biased analysis or unsuitable recommendations.

- The practical Avoid, Disclose, Maintain decision rule for resolving conflict situations on the CFA exam.

This independent study resource helps candidates prepare for the CFA Level I exam. Practice questions and study tools are available at https://open-exam-prep.com/practice/cfa-level1 and video content is published on https://www.youtube.com/@Open-exam-prep .

Sources checked: October 12, 2026

https://www.cfainstitute.org/standards/professionals/code-ethics-standards

https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam