GIPS Compliance — Global Investment Performance Standards Purpose Ensure investment firms claiming compliance with the CFA Institute Global Investment Performance Standards (GIPS) satisfy all requirements for composite construction, performance calculation, presentation, verification, error correction, and advertising. This skill covers the 2020 edition of the GIPS standards (effective January 1, 2020) and addresses the practical application of GIPS requirements to traditional composites, pooled funds, wrap fee/SMA programs, and advertising materials. Layer 9 — Compliance & Regulatory Guidanc…