2001

After significant restructuring and revision and two exposure drafts, the Joint Committee on the Code develops a single Code of Professional Conduct (2001 Code) that was adopted, without variations, by the boards of each of the U.S.-based actuarial organizations, effective January 1, 2001. The committee also assumed the responsibility of monitoring the current Code on an ongoing basis and, when needed, to propose revisions that could be adopted in identical form and become effective concurrently by each of the organizations.