Ethics - Duties to Employer regarding independence practice
Example 9 of the the SchweserNotes (pg. 47)
“A member is a full-time employee of an investment management firm and wants to accept a paid position as town mayor without asking his employer’s permission. “
The answer says Since the mayor position does not conflict with his employer’s business interest, there is no violation.
I am confused here cuz I thought the guidance require a notification and employer’s consent. (pg. 43 of the SchweserNotes), can someone explain here? THANKSSSS!
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