What Is Conflict of Interest?
ˇ
Not based on outcome, but on
situation
ˇ
No distinction between “actual” and
“potential”
ˇ
Not misconduct, per se
All conflicts do not lead to an adverse outcome. Generally, are dealing with
situations
that may lead to an adverse or questionable outcome.
Factors that create a “potential” conflict are generally the same as found in an “actual” conflict
Again, a conflict of interest is not necessarily a bad thing as long as it is
•
recognized
•
disclosed
•
appropriately managed.
