%0 Journal Article %A Majed R. Muhtaseb %T A Two-Part Model for Mitigating Violations of Codes of Conduct: Analysis of a Case Study %D 2018 %R 10.3905/joi.2018.27.2.041 %J The Journal of Investing %P 41-46 %V 27 %N 2 %X This article suggests a two-part model for addressing violations of codes of conduct. The two parts are a professional framework and standards and rules for conduct that address complex ethical issues. The rules of professional conduct are applied to an offer made by an international bank to prospective investors through an announcement in local media. The announcement invites investors to subscribe to shares in an initial public offering (IPO). This article analyzes the violations of the offer through the lens of a professional code of conduct.The offer violated several code of conduct standards. Applying, understanding, and complying with regulatory requirements and ethical standards are not consistent across countries. Apparently, at this bank the compliance function is inadequate. In spite of the questionable conduct, it is doubtful that the bank was making a conscious effort to exploit its clients. In many parts of the world, the problem is not intent, but rather that a culture conducive for investor protection and furthering societal good is yet to evolve.TOPICS: Legal/regulatory/public policy, legal and regulatory issues for structured finance %U https://joi.pm-research.com/content/iijinvest/27/2/41.full.pdf