Chartered Financial Analyst Level 1

The Standards (CFA Institute Code of Ethics and Standards of Professional Conduct) provide guidance on maintaining independence and objectivity. Recommended procedures typically include appointing a senior compliance officer with oversight responsibilities and prohibiting the acceptance of gifts that could create conflicts of interest. Creating a restricted list (i.e., a list of securities that employees are restricted from trading) is not specifically a recommended procedure for independence and objectivity; it is more commonly a procedure related to compliance with personal trading and insider trading policies. Thus the correct answer is A.