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Code of Ethics

The National Board, in a past resolution, adopted the IFTA Code of Ethics as the ATAA Code of Ethics.

The ATAA is affiliated with the International Federation of Technical Analysts (IFTA) , which helps members keep abreast of international markets and techniques. All ATAA members are therefore colleagues of IFTA and subscribe to the IFTA Code of Ethics.

IFTA and ATAA Code of Ethics

The Technical Analyst (ATAA Member and IFTA Colleague) 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 analyst's professional activities. The analyst shall also obey the regulations of his/her local exchanges 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 an audience to believe that his/her technically-derived views of future market 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 a 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 developments in technical analysis, as well as modifications of existing techniques or concepts, should be fully documented as to procedure and rationale.