{"id":10808,"date":"2026-09-22T06:00:00","date_gmt":"2026-09-21T21:00:00","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l1-ethics-lm1\/"},"modified":"2026-09-22T07:04:46","modified_gmt":"2026-09-21T22:04:46","slug":"cfa-l1-ethics-lm1","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l1-ethics-lm1\/","title":{"rendered":"\u3010CFA\u00ae\ufe0e L1 Ethics LM1\u3011Ethics and Trust in the Investment Profession \u3092\u8981\u70b9\u89e3\u8aac\uff5c\u502b\u7406\u3068\u306f\u4f55\u304b\u30fb\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u3068\u4fe1\u983c\u30fb\u502b\u7406\u57fa\u6e96\u3068\u6cd5\u7684\u57fa\u6e96\u30fb\u502b\u7406\u7684\u610f\u601d\u6c7a\u5b9a\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af"},"content":{"rendered":"<style>\n.cfalm-los{counter-reset:los;list-style:none;padding:0!important;margin:1em 0!important}\n.cfalm-los li{border:1px solid #d5d9e3;border-left:4px solid #172152;border-radius:4px;padding:.8em 1em!important;margin:0 0 .8em!important;background:#fff}\n.cfalm-los li::before{display:none!important;content:none!important}\n.cfalm-los .ja{display:block;font-weight:bold;color:#172152;line-height:1.6}\n.cfalm-los .en{display:block;font-size:.85em;color:#667;margin-top:.3em;line-height:1.5;word-break:normal!important;overflow-wrap:anywhere}\n.cfalm-sum{background:#f6f7fb;border-radius:6px;padding:1em 1.2em!important;margin:1em 0!important;list-style:none!important}\n.cfalm-sum li{position:relative;margin:.4em 0!important;padding:0 0 0 1.1em!important;line-height:1.7;list-style:none!important}.cfalm-sum li::before{content:\"\"!important;display:block!important;position:absolute!important;left:0!important;top:.7em!important;width:6px!important;height:6px!important;border-radius:50%!important;background:#172152!important;border:none!important;transform:none!important}\n.cfalm-f{background:#f6f7fb;border-left:4px solid #172152;padding:.7em 1em;margin:.8em 0;font-family:\"Menlo\",\"Consolas\",monospace;font-size:.95em;overflow-x:auto}\n.cfalm-nav{background:#f6f7fb;padding:1em 1.2em;border-radius:6px;margin:1em 0;word-break:normal;overflow-wrap:anywhere}\n<\/style>\n<div class=\"box05\">\n<p>Learning Module 1\u300cEthics and Trust in the Investment Profession\uff08\u6295\u8cc7\u696d\u754c\u306b\u304a\u3051\u308b\u502b\u7406\u3068\u4fe1\u983c\uff09\u300d\u306f\u3001\u502b\u7406\u306e\u610f\u5473\u3001\u502b\u7406\u898f\u7bc4\u304c\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\uff08\u5c02\u9580\u8077\uff09\u3092\u5f62\u3065\u304f\u308b\u5f79\u5272\u3001\u6295\u8cc7\u904b\u7528\u696d\u3067\u9ad8\u3044\u502b\u7406\u57fa\u6e96\u304c\u6c42\u3081\u3089\u308c\u308b\u7406\u7531\u3001\u502b\u7406\u7684\u884c\u52d5\u3092\u59a8\u3052\u308b\u8981\u56e0\u3001\u502b\u7406\u57fa\u6e96\u3068\u6cd5\u7684\u57fa\u6e96\u306e\u9055\u3044\u3001\u305d\u3057\u3066\u502b\u7406\u7684\u610f\u601d\u6c7a\u5b9a\u306e\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u3092\u6271\u3046\u5358\u5143\u3067\u3059\u3002<\/p>\n<p>\u672c\u8a18\u4e8b\u3067\u306f\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306eLOS\uff08Learning Outcome Statement\uff09\u3068\u3001\u3053\u306e\u5358\u5143\u306e\u91cd\u8981\u8ad6\u70b9\u3092\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n<\/div>\n<h2>LM1\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09<\/h2>\n<p>LOS\u306f\u3001\u3053\u306e\u5358\u5143\u3067\u300c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308b\u3079\u304d\u3053\u3068\u300d\u3068\u3057\u3066\u793a\u3055\u308c\u3066\u3044\u308b\u5b66\u7fd2\u76ee\u6a19\u3067\u3059\u3002LM1\u306b\u306f8\u3064\u306eLOS\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ol class=\"cfalm-los\">\n<li><span class=\"ja\">LOS 1\uff1a\u502b\u7406\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">explain ethics<\/span><\/li>\n<li><span class=\"ja\">LOS 2\uff1a\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\uff08\u5c02\u9580\u8077\uff09\u3092\u5b9a\u7fa9\u3059\u308b\u3046\u3048\u3067\u306e\u502b\u7406\u898f\u7bc4\u306e\u5f79\u5272\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe the role of a code of ethics in defining a profession<\/span><\/li>\n<li><span class=\"ja\">LOS 3\uff1a\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u3068\u306f\u4f55\u304b\u3001\u307e\u305f\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u304c\u3069\u306e\u3088\u3046\u306b\u4fe1\u983c\u3092\u78ba\u7acb\u3059\u308b\u304b\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe professions and how they establish trust<\/span><\/li>\n<li><span class=\"ja\">LOS 4\uff1a\u6295\u8cc7\u904b\u7528\u306b\u304a\u3044\u3066\u9ad8\u3044\u502b\u7406\u57fa\u6e96\u304c\u5fc5\u8981\u3068\u3055\u308c\u308b\u7406\u7531\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe the need for high ethical standards in investment management<\/span><\/li>\n<li><span class=\"ja\">LOS 5\uff1a\u6295\u8cc7\u904b\u7528\u306b\u304a\u3051\u308b\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30ca\u30ea\u30ba\u30e0\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">explain professionalism in investment management<\/span><\/li>\n<li><span class=\"ja\">LOS 6\uff1a\u502b\u7406\u7684\u884c\u52d5\u3092\u59a8\u3052\u308b\u8981\u56e0\u3092\u8b58\u5225\u3059\u308b<\/span><span class=\"en\">identify challenges to ethical behavior<\/span><\/li>\n<li><span class=\"ja\">LOS 7\uff1a\u502b\u7406\u57fa\u6e96\u3068\u6cd5\u7684\u57fa\u6e96\u3092\u6bd4\u8f03\u30fb\u5bfe\u6bd4\u3059\u308b<\/span><span class=\"en\">compare and contrast ethical standards with legal standards<\/span><\/li>\n<li><span class=\"ja\">LOS 8\uff1a\u502b\u7406\u7684\u610f\u601d\u6c7a\u5b9a\u306e\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe a framework for ethical decision-making<\/span><\/li>\n<\/ol>\n<h2>LM1\u306e\u307e\u3068\u3081<\/h2>\n<p>\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u3092\u307e\u3068\u3081\u308b\u3068\u3001\u6b21\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n<ul class=\"cfalm-sum\">\n<li>\u502b\u7406\u306f\u826f\u3044\u9078\u629e\u3092\u3059\u308b\u305f\u3081\u306e\u5b66\u554f\u3067\u3042\u308a\u3001\u884c\u52d5\u306e\u6307\u91dd\u3068\u306a\u308b\u9053\u5fb3\u539f\u5247\u3068\u884c\u70ba\u898f\u7bc4\u306e\u96c6\u5408<\/li>\n<li>\u502b\u7406\u7684\u884c\u52d5\u3092\u59a8\u3052\u308b\u8981\u56e0\u306f\u3001\u81ea\u5206\u306e\u9053\u5fb3\u6027\u3078\u306e\u904e\u4fe1\u3001\u72b6\u6cc1\u7684\u5f71\u97ff\uff08situational influences\uff09\u306e\u904e\u5c0f\u8a55\u4fa1\u3001\u9577\u671f\u7684\u306a\u5e30\u7d50\u3088\u308a\u76ee\u5148\u306e\u7d50\u679c\u3092\u91cd\u8996\u3059\u308b\u59ff\u52e2<\/li>\n<li>\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u306f\u5c02\u9580\u6559\u80b2\u30fb\u5c02\u9580\u77e5\u8b58\u30fb\u884c\u52d5\u306e\u67a0\u7d44\u307f\u3092\u5099\u3048\u305f\u8077\u696d\u96c6\u56e3\u3067\u3001\u9867\u5ba2\u3068\u793e\u4f1a\u304b\u3089\u306e\u4fe1\u983c\u306e\u78ba\u7acb\u3092\u4e3b\u306a\u76ee\u7684\u3068\u3059\u308b\u3002\u9ad8\u3044\u502b\u7406\u57fa\u6e96\u306e\u8981\u6c42\u304c\u540c\u696d\u7d44\u5408\u3084\u696d\u754c\u56e3\u4f53\u3068\u306e\u660e\u78ba\u306a\u9055\u3044<\/li>\n<li>\u502b\u7406\u898f\u7bc4\u306f\u3001\u4f1a\u54e1\u306b\u671f\u5f85\u3055\u308c\u308b\u539f\u5247\u3068\u884c\u52d5\u3092\u516c\u306b\u793a\u3057\u3001\u5c02\u9580\u6280\u80fd\u304c\u9867\u5ba2\u306e\u305f\u3081\u306b\u4f7f\u308f\u308c\u308b\u3068\u3044\u3046\u793e\u4f1a\u306e\u4fe1\u983c\u3092\u652f\u3048\u308b\u5f79\u5272<\/li>\n<li>\u6295\u8cc7\u904b\u7528\u696d\u306f\u307b\u307c\u5168\u9762\u7684\u306b\u4fe1\u983c\u306e\u4e0a\u306b\u6210\u308a\u7acb\u3064\u696d\u754c\u3067\u3042\u308a\u3001\u9ad8\u3044\u502b\u7406\u57fa\u6e96\u306e\u9806\u5b88\u306f\u9867\u5ba2\u30fb\u696d\u754c\u30fb\u793e\u4f1a\u306e\u3059\u3079\u3066\u306b\u9577\u671f\u7684\u306a\u5229\u76ca\u3092\u3082\u305f\u3089\u3059<\/li>\n<li>\u6cd5\u7684\u57fa\u6e96\u306f\u30eb\u30fc\u30eb\u30fb\u30d9\u30fc\u30b9\u3067\u3042\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u502b\u7406\u7684\u884c\u52d5\u306f\u6cd5\u306e\u8981\u6c42\u3092\u8d85\u3048\u3066\u3001\u81ea\u3089\u306e\u5229\u76ca\u3068\u4ed6\u8005\u3078\u306e\u76f4\u63a5\u30fb\u9593\u63a5\u306e\u5f71\u97ff\u3068\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u53d6\u308b\u3082\u306e<\/li>\n<li>\u502b\u7406\u7684\u610f\u601d\u6c7a\u5b9a\u306e\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u306f\u3001\u5224\u65ad\u3092\u8907\u6570\u306e\u8996\u70b9\u304b\u3089\u691c\u8a0e\u3057\u3001\u91cd\u8981\u306a\u8ad6\u70b9\u306e\u628a\u63e1\u3068\u610f\u56f3\u3057\u306a\u3044\u7d50\u679c\u306e\u6291\u5236\u306b\u5f79\u7acb\u3064\u67a0\u7d44\u307f<\/li>\n<\/ul>\n<p>\u4ee5\u4e0b\u3001LOS\u3054\u3068\u306b\u91cd\u8981\u8ad6\u70b9\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n<h3>LOS 1\uff1a\u502b\u7406\u3068\u306f\u4f55\u304b<\/h3>\n<p><strong>\u502b\u7406\uff08ethics\uff09<\/strong>\u3068\u306f\u3001\u4f55\u304c\u826f\u3044\u884c\u52d5\u30fb\u6b63\u3057\u3044\u9078\u629e\u304b\u3092\u8003\u3048\u308b\u5b66\u554f\u3067\u3042\u308a\u3001\u884c\u52d5\u306e\u6307\u91dd\u3068\u306a\u308b\u9053\u5fb3\u539f\u5247\u3068\u884c\u70ba\u898f\u7bc4\u306e\u96c6\u5408\u3067\u3059\u3002\u500b\u4eba\u306e\u4fa1\u5024\u89b3\u3060\u3051\u3067\u306a\u304f\u3001\u6240\u5c5e\u3059\u308b\u96c6\u56e3\u304c\u5171\u6709\u3059\u308b\u884c\u52d5\u57fa\u6e96\u3082\u542b\u307f\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u502b\u7406\uff1d\u826f\u3044\u9078\u629e\u3092\u3059\u308b\u305f\u3081\u306e\u9053\u5fb3\u539f\u5247\u3068\u884c\u70ba\u898f\u7bc4<\/li>\n<li>\u502b\u7406\u7684\u884c\u52d5\uff1a\u4ed6\u8005\u3078\u306e\u5f71\u97ff\u3092\u8003\u616e\u3057\u3001\u9053\u5fb3\u539f\u5247\u306b\u6cbf\u3063\u3066\u884c\u52d5\u3059\u308b\u3053\u3068<\/li>\n<li>\u502b\u7406\u898f\u7bc4\uff08code of ethics\uff09\uff1a\u96c6\u56e3\u306e\u539f\u5247\u3068\u671f\u5f85\u3055\u308c\u308b\u884c\u52d5\u3092\u6587\u66f8\u5316\u3057\u305f\u3082\u306e<\/li>\n<li>\u884c\u70ba\u57fa\u6e96\uff08standards of conduct\uff09\uff1a\u539f\u5247\u3092\u5177\u4f53\u7684\u306a\u884c\u52d5\u306e\u6700\u4f4e\u6c34\u6e96\u3068\u3057\u3066\u793a\u3057\u305f\u3082\u306e<\/li>\n<\/ul>\n<h3>LOS 2\uff1a\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u306b\u304a\u3051\u308b\u502b\u7406\u898f\u7bc4\u306e\u5f79\u5272<\/h3>\n<p>\u502b\u7406\u898f\u7bc4\u306f\u3001\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u306e\u4f1a\u54e1\u306b\u671f\u5f85\u3055\u308c\u308b\u539f\u5247\u3068\u884c\u52d5\u3092<strong>\u516c\u306b\u793a\u3059<\/strong>\u3082\u306e\u3067\u3059\u3002\u4f1a\u54e1\u304c\u5171\u901a\u306e\u898f\u7bc4\u3092\u5b88\u308b\u3053\u3068\u3067\u3001\u5c02\u9580\u6280\u80fd\u304c\u9867\u5ba2\u3068\u793e\u4f1a\u306e\u305f\u3081\u306b\u4f7f\u308f\u308c\u308b\u3068\u3044\u3046\u4fe1\u983c\u304c\u751f\u307e\u308c\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u4f1a\u54e1\u306b\u671f\u5f85\u3055\u308c\u308b\u884c\u52d5\u3092\u5916\u90e8\u306b\u5bfe\u3057\u3066\u660e\u793a<\/li>\n<li>\u4f1a\u54e1\u306e\u884c\u52d5\u306e\u6a19\u6e96\u5316\uff08normalization\uff09<\/li>\n<li>\u5c02\u9580\u77e5\u8b58\u3092\u9867\u5ba2\u306e\u305f\u3081\u306b\u4f7f\u3046\u3068\u3044\u3046\u7d04\u675f\u306e\u8868\u660e<\/li>\n<li>\u898f\u7bc4\u9806\u5b88\u306e\u76e3\u8996\u306b\u3088\u308a\u793e\u4f1a\u306e\u4fe1\u983c\u3092\u78ba\u4fdd<\/li>\n<\/ul>\n<h3>LOS 3\uff1a\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3\u306e\u7279\u5fb4\u3068\u4fe1\u983c\u306e\u78ba\u7acb<\/h3>\n<p><strong>\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30f3<\/strong>\u306f\u3001\u7279\u5b9a\u306e\u6559\u80b2\u3001\u5c02\u9580\u77e5\u8b58\u3001\u884c\u52d5\u306e\u67a0\u7d44\u307f\u3092\u6301\u3061\u3001\u793e\u4f1a\u304b\u3089\u4fe1\u983c\u30fb\u5c0a\u656c\u30fb\u627f\u8a8d\u3092\u5f97\u3066\u3044\u308b\u8077\u696d\u96c6\u56e3\u3067\u3059\u3002\u9ad8\u3044\u502b\u7406\u57fa\u6e96\u3092\u6c42\u3081\u308b\u70b9\u304c\u3001\u540c\u696d\u7d44\u5408\u3084\u696d\u754c\u56e3\u4f53\u3068\u306e\u660e\u78ba\u306a\u9055\u3044\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u4e3b\u306a\u76ee\u7684\uff1a\u9867\u5ba2\u3068\u793e\u4f1a\u5168\u4f53\u304b\u3089\u306e\u4fe1\u983c\u306e\u78ba\u7acb<\/li>\n<li>\u5171\u901a\u306e\u7279\u5fb4\uff1a\u884c\u52d5\u306e\u6a19\u6e96\u5316\u3001\u793e\u4f1a\u3078\u306e\u5949\u4ed5\u3001\u9867\u5ba2\u91cd\u8996\u3001\u9ad8\u3044\u53c2\u5165\u57fa\u6e96<\/li>\n<li>\u5c02\u9580\u77e5\u8b58\u306e\u4f53\u7cfb\u3068\u7d99\u7d9a\u6559\u80b2\u306e\u5968\u52b1<\/li>\n<li>\u8077\u696d\u884c\u70ba\u306e\u76e3\u8996\u3001\u540c\u50da\u6027\uff08collegiality\uff09\u3001\u516c\u8a8d\u306e\u76e3\u7763\u6a5f\u95a2\u3001\u4f1a\u54e1\u306e\u53c2\u753b<\/li>\n<li>CFA\u5354\u4f1a\uff1a\u5b9f\u52d9\u5bb6\u306e\u77e5\u898b\u306e\u96c6\u7d04\u3001\u53b3\u683c\u306a\u8a66\u9a13\u3001\u898f\u7bc4\u7b56\u5b9a\u3078\u306e\u5b9f\u52d9\u5bb6\u306e\u95a2\u4e0e<\/li>\n<\/ul>\n<h3>LOS 4\uff1a\u6295\u8cc7\u904b\u7528\u3067\u9ad8\u3044\u502b\u7406\u57fa\u6e96\u304c\u5fc5\u8981\u306a\u7406\u7531<\/h3>\n<p>\u6295\u8cc7\u904b\u7528\u696d\u306f<strong>\u307b\u307c\u5168\u9762\u7684\u306b\u4fe1\u983c\u306e\u4e0a\u306b\u6210\u308a\u7acb\u3064<\/strong>\u696d\u754c\u3067\u3059\u3002\u9867\u5ba2\u306f\u5c02\u9580\u5bb6\u304c\u81ea\u3089\u306e\u5229\u76ca\u3088\u308a\u9867\u5ba2\u306e\u5229\u76ca\u3092\u512a\u5148\u3057\u3001\u8cc7\u7523\u3092\u5b88\u3063\u3066\u304f\u308c\u308b\u3068\u4fe1\u983c\u3057\u3066\u904b\u7528\u3092\u4efb\u305b\u308b\u305f\u3081\u3001\u502b\u7406\u7684\u306a\u884c\u52d5\u304c\u696d\u754c\u306e\u5b58\u7acb\u57fa\u76e4\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u9867\u5ba2\u3068\u5c02\u9580\u5bb6\u306e\u9593\u306e\u60c5\u5831\u30fb\u77e5\u8b58\u306e\u975e\u5bfe\u79f0\u6027<\/li>\n<li>\u9867\u5ba2\u306f\u6210\u679c\u3092\u76f4\u63a5\u691c\u8a3c\u3057\u306b\u304f\u304f\u3001\u4fe1\u983c\u306b\u4f9d\u5b58<\/li>\n<li>\u975e\u502b\u7406\u7684\u884c\u52d5\u306f\u9867\u5ba2\u306e\u640d\u5931\u3068\u5e02\u5834\u5168\u4f53\u306e\u4fe1\u983c\u4f4e\u4e0b\u3092\u62db\u304f<\/li>\n<li>\u502b\u7406\u7684\u884c\u52d5\u306f\u8cc7\u672c\u5e02\u5834\u306e\u52b9\u7387\u6027\u3068\u8cc7\u672c\u30b3\u30b9\u30c8\u306e\u4f4e\u4e0b\u306b\u3082\u5bc4\u4e0e<\/li>\n<li>\u9577\u671f\u7684\u306b\u306f\u3059\u3079\u3066\u306e\u5229\u5bb3\u95a2\u4fc2\u8005\u306e\u5229\u76ca<\/li>\n<\/ul>\n<h3>LOS 5\uff1a\u6295\u8cc7\u904b\u7528\u306b\u304a\u3051\u308b\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30ca\u30ea\u30ba\u30e0<\/h3>\n<p>\u6295\u8cc7\u904b\u7528\u306e\u5c02\u9580\u5bb6\u306f\u3001\u4f53\u7cfb\u7684\u306a\u77e5\u8b58\u3092<strong>\u6ce8\u610f\u6df1\u3055\u3068\u5224\u65ad\u529b<\/strong>\u3092\u3082\u3063\u3066\u9069\u7528\u3059\u308b\u3053\u3068\u3092\u671f\u5f85\u3055\u308c\u307e\u3059\u3002\u9867\u5ba2\u3068\u6bd4\u3079\u3066\u3001\u91d1\u878d\u306e\u5c02\u9580\u6027\u3001\u6280\u8853\u7684\u77e5\u8b58\u3001\u95a2\u9023\u6cd5\u4ee4\u306e\u77e5\u8b58\u3067\u512a\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u524d\u63d0\u3068\u3055\u308c\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u77e5\u8b58\u3092\u9867\u5ba2\u306e\u305f\u3081\u306b\u6ce8\u610f\u6df1\u304f\u3001\u9069\u5207\u306a\u5224\u65ad\u3067\u9069\u7528<\/li>\n<li>\u5c02\u9580\u77e5\u8b58\u30fb\u6280\u8853\u7684\u77e5\u8b58\u30fb\u6cd5\u4ee4\u77e5\u8b58\u306e\u4fdd\u6301\u3068\u5411\u4e0a<\/li>\n<li>\u696d\u754c\u306e\u30b0\u30ed\u30fc\u30d0\u30eb\u5316\uff1a\u8cc7\u672c\u5e02\u5834\u306e\u958b\u653e\u3001\u898f\u5236\u306e\u56fd\u969b\u5354\u8abf\u3001\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u767a\u5c55<\/li>\n<li>\u502b\u7406\u7684\u306a\u30b8\u30ec\u30f3\u30de\u306b\u76f4\u9762\u3057\u305f\u969b\u306f\u4e8b\u5b9f\u95a2\u4fc2\u3092\u78ba\u8a8d\u3057\u5f71\u97ff\u3092\u8a55\u4fa1<\/li>\n<\/ul>\n<h3>LOS 6\uff1a\u502b\u7406\u7684\u884c\u52d5\u3092\u59a8\u3052\u308b\u8981\u56e0<\/h3>\n<p>\u591a\u304f\u306e\u4eba\u306f\u81ea\u5206\u3092\u502b\u7406\u7684\u3060\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u304c\u3001<strong>\u904e\u4fe1<\/strong>\u3084<strong>\u72b6\u6cc1\u7684\u5f71\u97ff<\/strong>\u306b\u3088\u3063\u3066\u5224\u65ad\u3092\u8aa4\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u77ed\u671f\u7684\u306a\u7d50\u679c\u3092\u91cd\u8996\u3057\u3059\u304e\u308b\u3053\u3068\u3082\u3001\u502b\u7406\u7684\u3067\u306a\u3044\u9078\u629e\u306b\u3064\u306a\u304c\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u81ea\u5206\u306e\u9053\u5fb3\u6027\u3078\u306e\u904e\u4fe1\uff08overconfidence bias\uff09<\/li>\n<li>\u72b6\u6cc1\u7684\u5f71\u97ff\uff1a\u91d1\u92ad\u30fb\u5730\u4f4d\u30fb\u540d\u58f0\u3001\u96c7\u7528\u4e3b\u3084\u540c\u50da\u3078\u306e\u5fe0\u8aa0\u306a\u3069\u306e\u5916\u7684\u8981\u56e0<\/li>\n<li>\u72b6\u6cc1\u7684\u5f71\u97ff\u306e\u904e\u5c0f\u8a55\u4fa1<\/li>\n<li>\u9577\u671f\u7684\u306a\u5e30\u7d50\u3088\u308a\u76ee\u5148\u306e\u7d50\u679c\u306b\u6ce8\u76ee<\/li>\n<li>\u5f37\u3044\u72b6\u6cc1\u7684\u5f71\u97ff\u306f\u502b\u7406\u7684\u306a\u5224\u65ad\u3092\u8986\u3044\u96a0\u3057\u3084\u3059\u3044<\/li>\n<\/ul>\n<h3>LOS 7\uff1a\u502b\u7406\u57fa\u6e96\u3068\u6cd5\u7684\u57fa\u6e96\u306e\u6bd4\u8f03<\/h3>\n<p>\u6cd5\u4ee4\u3068\u502b\u7406\u306f\u91cd\u306a\u308b\u90e8\u5206\u304c\u591a\u3044\u3082\u306e\u306e\u4e00\u81f4\u3057\u307e\u305b\u3093\u3002<strong>\u5408\u6cd5\u3067\u3082\u975e\u502b\u7406\u7684<\/strong>\u306a\u884c\u52d5\u3084\u3001\u9055\u6cd5\u3067\u3082\u502b\u7406\u7684\u3068\u3055\u308c\u308b\u884c\u52d5\uff08\u5185\u90e8\u544a\u767a\u306a\u3069\uff09\u304c\u5b58\u5728\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u6cd5\u7684\u57fa\u6e96\uff1a\u30eb\u30fc\u30eb\u30fb\u30d9\u30fc\u30b9\u3067\u3001\u7279\u5b9a\u306e\u884c\u70ba\u3092\u8981\u6c42\u30fb\u7981\u6b62<\/li>\n<li>\u6cd5\u4ee4\u306f\u65b0\u3057\u3044\u5546\u54c1\u3084\u72b6\u6cc1\u306b\u9045\u308c\u304c\u3061<\/li>\n<li>\u502b\u7406\u7684\u884c\u52d5\uff1a\u6cd5\u306e\u8981\u6c42\u3092\u8d85\u3048\u3066\u4ed6\u8005\u3078\u306e\u5f71\u97ff\u3092\u8003\u616e<\/li>\n<li>\u5408\u6cd5\u304b\u3064\u502b\u7406\u7684\uff0f\u5408\u6cd5\u3060\u304c\u975e\u502b\u7406\u7684\uff0f\u9055\u6cd5\u3060\u304c\u502b\u7406\u7684\uff0f\u9055\u6cd5\u304b\u3064\u975e\u502b\u7406\u7684\u306e4\u533a\u5206<\/li>\n<li>\u6cd5\u4ee4\u9806\u5b88\u306f\u502b\u7406\u7684\u884c\u52d5\u306e\u6700\u4f4e\u9650\u306b\u3059\u304e\u306a\u3044<\/li>\n<\/ul>\n<h3>LOS 8\uff1a\u502b\u7406\u7684\u610f\u601d\u6c7a\u5b9a\u306e\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af<\/h3>\n<p>\u610f\u601d\u6c7a\u5b9a\u306e\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u306f\u3001\u5224\u65ad\u3092\u8907\u6570\u306e\u8996\u70b9\u304b\u3089\u691c\u8a0e\u3057\u3001\u91cd\u8981\u306a\u8ad6\u70b9\u3092\u898b\u843d\u3068\u3055\u306a\u3044\u305f\u3081\u306e\u67a0\u7d44\u307f\u3067\u3059\u3002<strong>Identify\u30fbConsider\u30fbDecide and act\u30fbReflect<\/strong>\u306e\u6d41\u308c\u3067\u6574\u7406\u3055\u308c\u307e\u3059\u3002<\/p>\n<ul>\n<li>Identify\uff1a\u95a2\u9023\u3059\u308b\u4e8b\u5b9f\u3001\u5229\u5bb3\u95a2\u4fc2\u8005\u3068\u8ca0\u3046\u7fa9\u52d9\u3001\u502b\u7406\u539f\u5247\u3001\u5229\u76ca\u76f8\u53cd\u306e\u7279\u5b9a<\/li>\n<li>Consider\uff1a\u72b6\u6cc1\u7684\u5f71\u97ff\u3001\u8ffd\u52a0\u7684\u306a\u6307\u91dd\uff08\u4e0a\u53f8\u30fb\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u7b49\uff09\u3001\u4ee3\u66ff\u6848\u306e\u691c\u8a0e<\/li>\n<li>Decide and act\uff1a\u5224\u65ad\u3068\u5b9f\u884c<\/li>\n<li>Reflect\uff1a\u7d50\u679c\u304c\u60f3\u5b9a\u3069\u304a\u308a\u3060\u3063\u305f\u304b\u3001\u306a\u305c\u304b\u306e\u632f\u308a\u8fd4\u308a<\/li>\n<li>\u9806\u756a\u306f\u56fa\u5b9a\u3067\u306f\u306a\u3044\u304c\u3001\u6700\u5f8c\u306f\u7d50\u679c\u306e\u632f\u308a\u8fd4\u308a\u3067\u7de0\u3081\u304f\u304f\u308b<\/li>\n<\/ul>\n<h2>\u52b9\u7387\u3088\u304f\u5b66\u3076\u306b\u306f FA-Academy<\/h2>\n<p>CFA\u00ae\ufe0e\u306e\u5354\u4f1a\u30c6\u30ad\u30b9\u30c8\u306f\u82f1\u8a9e\u3067\u5206\u91cf\u3082\u591a\u304f\u30011\u3064\u3072\u3068\u3064\u306e\u5358\u5143\u3092\u82f1\u8a9e\u3060\u3051\u3067\u7406\u89e3\u3057\u3066\u3044\u304f\u306e\u306f\u5927\u304d\u306a\u8ca0\u62c5\u3067\u3059\u3002<\/p>\n<p>FA-Academy\uff08Financial Analyst Academy\uff09\u306f\u3001<strong>\u65e5\u672c\u8a9e\u3067\u5b66\u3079\u308b\u6570\u5c11\u306a\u3044CFA\u00ae\ufe0e\u8a66\u9a13\u30b5\u30dd\u30fc\u30c8<\/strong>\u3067\u3059\u3002\u3053\u308c\u307e\u3067 Level 1 \u304b\u3089 Level 3 \u307e\u3067\u591a\u304f\u306e\u5408\u683c\u8005\u3092\u8f29\u51fa\u3057\u3066\u304a\u308a\u3001\u5408\u683c\u8005\u306e\u65b9\u3005\u3068\u306e\u5bfe\u8ac7\u3082\u6570\u591a\u304f\u516c\u958b\u3057\u3066\u3044\u307e\u3059\u3002\u3069\u3093\u306a\u65b9\u304c\u3001\u3069\u306e\u3088\u3046\u306b\u5408\u683c\u3055\u308c\u305f\u306e\u304b\u306f<a href=\"https:\/\/triumphmind.com\/cfa\/category\/gokaku\/\" target=\"_blank\" rel=\"noopener\">\u5408\u683c\u8005\u5bfe\u8ac7\u30fb\u5408\u683c\u4f53\u9a13\u8ac7\u306e\u4e00\u89a7<\/a>\u304b\u3089\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/present1\/\" target=\"_blank\" rel=\"noopener\">Level 1 \u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u306e\u7121\u6599\u30b5\u30f3\u30d7\u30eb\u3092\u53d7\u3051\u53d6\u308b\uff087\u65e5\u9593\u30e1\u30fc\u30eb\u8b1b\u5ea7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/timerex.net\/s\/cfa.tips.slack_2a23\/e72e883e\/\" target=\"_blank\" rel=\"noopener\">\u7121\u6599\u500b\u5225\u9762\u8ac7\u3092\u4e88\u7d04\u3059\u308b\uff08\u5b66\u7fd2\u8a08\u753b\u306e\u3054\u76f8\u8ac7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/course\/\" target=\"_blank\" rel=\"noopener\">\u53d7\u8b1b\u6848\u5185\uff08\u30b3\u30fc\u30b9\u4e00\u89a7\u30fb\u53d7\u8b1b\u6599\uff09\u3092\u898b\u308b<\/a><\/li>\n<\/ul>\n<div class=\"cfalm-nav\">\u6b21\u306e\u5358\u5143\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l1-ethics-lm2\/\">LM2 Code of Ethics and Standards of Professional Conduct\uff08\u502b\u7406\u898f\u7bc4\u3068\u8077\u696d\u884c\u70ba\u57fa\u6e96\uff09<\/a><br \/>\n\u5168\u4f53\u306e\u76ee\u6b21\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/cfa-curriculum\/#l1-ethics\">CFA\u00ae\ufe0e \u5b66\u7fd2\u5185\u5bb9\u306e\u76ee\u6b21\uff08Level 1 Ethical and Professional Standards\uff09<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CFA\u00ae\ufe0e Level 1 Ethical and Professional Standards LM1\u300cEthics and Trust in the Investment Profession\uff08\u6295\u8cc7\u696d\u754c\u306b\u304a\u3051\u308b\u502b\u7406\u3068\u4fe1\u983c\uff09\u300d\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09\u3068\u91cd\u8981\u8ad6\u70b9\u3092\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306b\u57fa\u3065\u3044\u3066\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n","protected":false},"author":1,"featured_media":11154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[98],"tags":[],"class_list":["post-10808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-level1-topics"],"_links":{"self":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/comments?post=10808"}],"version-history":[{"count":1,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10808\/revisions"}],"predecessor-version":[{"id":10981,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10808\/revisions\/10981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media\/11154"}],"wp:attachment":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media?parent=10808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/categories?post=10808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/tags?post=10808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}