Conflicts of Interest

Affirmations Distribution and Collection

Employee conflicts, especially conflicts of interest regarding personal investment activities and outside business interests must be monitored by a firm's management at all times. The code of ethics guidelines require conflicts of interest monitoring to identify potential employee conflicts and stop it before it occurs. In an effort to curtail these conflicts of interest, investment advisors in particular have to distribute and collect affirmations and certifications from employees related to outside business activities and the firm's policies and procedures.

With the Compliance11 Supervisory Suite, firms can automate the distribution and collection of employee affirmations and certifications. The software's comprehensive reporting tools allow firms to quickly identify non-compliant employees and potential conflicts of interest.