5.7  Conflicts of Interest and Fiduciary Issues

This section of the study guide covers conflicts of interest and fiduciary issues. There are perhaps no greater concepts that link every topic discussed in this book or presented to you on the exam. Simply put, a conflict of interest is a scenario in which a securities professional or firm has an incentive to serve one interest at the expense of another interest or obligation. It can include serving the interest of the interest of a professional or firm over the interest of a client or serving the interest of one client