Mike is paid to advise his clients on how to invest their money. One day, he is reviewing the financial statements for a publicly traded company, and believes the company is poised to gain significantly in value. If Mike would like to invest his own money into the company, might he have an obligation to disclose his discovery to his clients first?

Answer rating: 100% (QA)

A fiduciary is an individual who holds a legal or ethical relationship of trust with one or mo... View the full answer