read the CFA Institute’s 2007 Financial Market Integrity Index: United States (Links to an external site.) and the 2010 Financial market integrity index: United States (Links to an external site.).

“The Financial Market Integrity index is constructed to give equal weight to two dimensions of evaluation: the ethics of market participants and the effectiveness of a market’s regulations and investor protections in promoting and upholding market integrity” (CFA Institute, 2010, p. 4).

Appraise the findings of the two reports and include the elements listed below. Research and incorporate at least three scholarly and/or credible resources in addition to the assigned reading in your analysis, and use the specific Financial Market Integrity Index reports for the years 2007 and 2010.

In your paper,

• Compare and contrast the investment professionals’ perceptions about the state of ethics and integrity in the U.S. financial services markets for these specific years 2007 and 2010.
• Identify the integrity issues that should have been addressed by the U.S. regulators or investors.
• Provide a brief description of the risk involved and how it impacted financial markets.
• Assess if investors were likely to be treated fairly and ethically if they invested in the market during the periods of 2007 and 2010. Explain why?
• Discuss how you would use this information or findings as a trained investment professional to help advance the awareness of ethics and integrity in financial markets.