Educational action for investment professional after code of conduct violation
On Oct. 16, 2025, DSI imposed an educational measure on a certified investment professional. The measure was imposed for insufficient care in handling documents used in a real estate transaction. In doing so, according to DSI, the certified person violated the DSI Code of Conduct.
What happened?
Certified was professionally involved in a real estate transaction. In this transaction, he represented the buyer. There was no provision of investment services in this case. However, the investment professional presented himself to the seller as DSI certified by using the DSI logo in the caption of his e-mails. DSI believes that the conduct of certified therefore falls within the scope of the DSI Code of Conduct.
DSI’s investigation revealed that the buyer provided documents to the certified one that were not authentic. These documents were also used with the notary. The notary subsequently indicated he did not want to handle the case because it could not be found out where the buyer’s money came from.
Why does this violate the code of conduct?
DSI believes that a certified should be alert to documents provided by a client. A simple check of these documents could have revealed the doubts about them. DSI is of the opinion that the certified did not take sufficient care in handling these documents.
What rules were violated?
According to DSI, this violated the DSI Code of Conduct. The following articles in particular are concerned:
- Article 7.1.2 and 7.1.3 – DSI Core Principle 3: Act carefully
- Articles 7.1.5 and 7.1.6 – DSI Core Principle 5: Comply with rules.
What measure was imposed?
DSI may impose sanctions if a violation of the Code of Conduct is found. This can be done by referring a case to the DSI Disciplinary Committee or by a transaction (settlement). DSI opted in this particular case for a transaction consisting of mandatory training in integrity and ethics.
