Why Should We Be Concerned About Conflicts of Interest in the Financial

question 17

Essay

Why should we be concerned about conflicts of interest in the financial services industry?

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Definitions:

Observation

The action or process of closely monitoring or watching something or someone to gain information.

Customs

The official procedures and regulations governing the import and export of goods, or the habits and traditions of a particular group or society.

Multiple Causes

Multiple causes refer to the concept that most events or phenomena result from a complex interaction of various factors, rather than a single cause.

Objective Cause

An event or factor that independently exists and leads to a specific outcome or effect.