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The author examines ways in which ethical codes are at times misused and the dangers this poses for analysts, patients, and the practice of psychoanalysis itself. Case examples illustrate the use of a code to provide a basis or an excuse for punishment or revenge; as a way of limiting the range of emotions aroused in the analytic session; as an instrument of state control, introducing a third party into the treatment; and as a means of regulating who may practice psychoanalysis and how it is practiced.