Following the standards and codes of conduct of the International Federation
of Technical Analysts, all TASSA members are bound by the IFTA Code of
Ethics as follows:
The technical analyst must maintain at all times the highest standards
of professional conduct. Implicit in the requirement is strict compliance
with the laws of the national, state and local governments which have
jurisdiction over the analysts' professional activities. The analyst
shall also obey the regulations of his/her local stock exchange and/or
local regulatory authorities.
The analyst shall not make statements which he/she knows or has reason
to believe are inaccurate or misleading. He/she shall, in particular,
be careful to avoid leading the audience to believe that his/her technically-derived
views of future stock price behaviour reflect foreknowledge rather
than estimate and projections subject to re-examinations and, as circumstances
may dictate, to change.
- The analyst shall not make statements concerning the current technical
position of the stock market of any of its components or any of its
aspects unless he/she can demonstrate that such statements are reasonable
and consistent in light of the available evidence and the accumulated
knowledge in the field of technical analysis. New departure in technical
analysis as well as modifications of existing techniques or concepts
should be fully documented as to procedure and rationale.