John Forsyth is the head of the Securities Exchange Commission.There are new rules pending before the SEC that would require lawyers to blow the whistle on their clients.The American Bar Association,which is opposed to the legislation,has just offered Mr.Forsyth's son a full scholarship to the law school of his choice.

Question

Quizplus · Accepted Answer

The scholarship offered to Mr. Forsyth's son is not a violation of the law unless there is a clear connection between the proposed rule and the scholarship. As long as the ABA did not offer the scholarship with the intention of influencing Mr. Forsyth's decision on the pending rule, there is no violation of any law. However, there may be ethical concerns regarding the appearance of impropriety or conflict of interest.

John Forsyth Is the Head of the Securities Exchange Commission