Conflicts of Interest Arising from the Prudent Investor Rule: Ethical Implications for Over-the-Counter Derivative Securities

The Prudent Investor Rule creates a potential ethical dilemma for investment advisors selling over-the-counter financial products issued by their firms. The "opportunity" to defraud investors using complex, over-the-counter derivative securities designed for client-specific risk management...

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Bibliographic Details
Authors: Clark, John M. (Author) ; Ferrell, Linda (Author) ; Ferrell, O. C. (Author)
Format: Electronic Article
Language:English
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Published: Springer 2003
In: Journal of business ethics
Year: 2003, Volume: 47, Issue: 2, Pages: 165-173
Further subjects:B Internal Control
B Ethical Dilemma
B Ethical Responsibility
B Risk Management
B Economic Growth
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