What is a requirement for maintaining membership in the CFA Institute?

Maintaining membership in the CFA Institute fundamentally hinges on adhering to the ethical and professional standards set by the organization. This adherence ensures that members not only comply with the principles that uphold the integrity of the investment profession but also promote trust and professionalism within the industry. The CFA Institute emphasizes the importance of ethics as a cornerstone of its mission, which includes fostering a culture of integrity among finance professionals.

While passing all three levels of the CFA exam is crucial for obtaining the designation, ongoing membership does not require continuous passing; rather, it focuses on the ethical commitment of members. Attendance at annual meetings and conferences, while beneficial for networking and professional development, is not a strict requirement for maintaining membership. Additionally, the requirement to renew membership every five years may apply to certain aspects of continued education, but it is not the primary criterion for membership. Thus, adherence to ethical standards remains the key requirement that aligns with the values and mission of the CFA Institute.