Ethics qu

morning all,

re the below question, i don’t get why it creates a conflict of interest. is the issue that he spends too much time on the one account or that he is getting a share of the profit?

the ans is : Violates Both Additional Compensation and Conflicts of Interest…

Plans to manage the portfolios of several family members in exchange for a percentage of each portfolio’s profits. As his family members have extensive portfolios requiring substantial attention, they have requested that Piedmont provide the services outside his employment with Park. Piedmont notifies his employer in writing of his prospective outside employment.

many thanks in advance