Contents i
Preface to Members of All Organizations Representing Actuaries in the United States
ii
Letter from Daniel J. McCarthy, American Academy of Actuaries Vice President for Professionalism
1
Report of the Committee on Qualifications
6
Report of the Actuarial Standards Board
13
Report of the Actuarial Board for Counseling and Discipline
21
Report of the Joint Committee on the Code of Professional Conduct
24
Code of Professional Conduct