Hard to believe that employees could (try to) take advantage of their employer’s lack of controls.
“Deutsche Bank Probes Trades That Made Employees Millions,” The Wall Street Journal, May 20, 2016 C1. Employees accused of profiting at the company’s expense in a series of trades. Maybe the employees disclosed the conflict, maybe they didn’t.
Well, at least the employees didn’t cheat the customers, as far as we know. But have they checked? If the employees (or the employer) could ignore this conflict of interest, what else do they ignore?