4. From an ethical standpoint, what does your group finally recommend be done to resolve the most important ethical issue? To resolve the second most important ethical issue? Employees in financial services finns are sometimes confronted by confticting allegiances between the company and its clients. In managing customers' stock portfolios, the best timing for buy and sell decisions for clients'

financial positions may not be the most profitable for the financial manager's firm. Investment managers, as a result, must choose a " right" course of action to reconcile conflicting interests.

The Dilemma George Michaels is a customer portfolio manager employed by Premier Power Investments Company. His 35 clients-individual investors-have portfolios with mari

On Monday morning, George's boss, Vicky Greene, infonns him that due to Premier Power Investments Company's sagging revenues, it Is to everyone's benefit to increase the number of transactions in customers'

portfolios.