FASPR Announces Winners of the Inaugural CFA Ethics Challenge

The Ethics Challenge brought together four teams of students from the UPR- Rio Piedras campus in a competition analyzing the ethical issues in the case designed to represent some of the ethical decisions the students may face in their professional lives.

 The presentations were evaluated by a panel of distinguished judges with a wealth of practical experience in legal, compliance and ethical issues and representing a variety of profession. Our distinguished panel included Melba Acosta of McConnell Valdes, LLC, Victor Barreras of First Bank, Andrea Bonime-Blanc of GEC Risk Advisory LLC, John Fitzpatrick of Oak Street Management Co., and Jon Stokes of the CFA Institute.

 We would like to commend all four of the student teams in the competition for their well-researched and detailed presentations and their thoughtful answers to the judges’ questions. The teams were composed of Sergio Zahra, Emilio Morales Loucil, aura Perez and Carola Cruz on Team 1, Alfonso Lastra, Anthony Vega, Hector Badillo, and Danella Rivera on Team 2, Angel Pedrosa, Carolina Rodriguez, Brenda Guzman, Yaira Gorritz, and Diego Ruiz, Ruperto on Team 3, and Edwin Latimer Rivera, Natalie Hall, Carlos Rivera, Gabriela Rosario, and Wilmarys Lopez Almedina on Team 4. Providing expert guidance to the teams was the faculty adviser, Charlie Carpenter, Adjunct Professor of Financial Institutions & Markets and Portfolio Management at UPR.

 The competition was very intense, but in the end our congratulations go out to Team 4 as the winners of the inaugural CFA Ethics Challenge in Puerto Rico. With emerging leaders like these, we can look forward to a next generation of business executives with a strong ethical foundation to guide Puerto Rico into the future. 

 The CFA Institute is an internationally recognized organization whose mission is to lead the investment profession globally by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.

 The Financial Analysts’ Society of Puerto Rico shares the goals of the CFA Institute and seeks recognition by the CFA Institute as an official local chapter. The efforts of the FASPR strive for increased awareness of the value of the CFA designation, one of the highest distinctions in the investment management profession. The Society also aims to grow a stronger finance community in Puerto Rico by providing ongoing educational and professional events for its members, encouraging students to pursue the CFA charter, and to bring wider attention to the financial experience, talent, and professionalism currently resident in Puerto Rico.