Which of the following statements represents an effective strategy to help employees handle conflicts of interest that may arise?
A) Employees should be made to formally sign and acknowledge a contract holding them liable for any monetary losses incurred by the firm as a result of any conflicts of interest.
B) Firms should consider ongoing training programs to help employees recognize conflicts of interest and report them in a timely manner.
C) Provide general education surrounding conflicts of interest, as more specific training programs have been proven through research to give employees ideas on how to hide conflicts of interest.
D) Employees should be encouraged to seek external legal counsel with respect to the disclosure of conflicts of interest.
Correct Answer:
Verified
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