3 ms·
Yes, self-dealing is illegal when taken to mean a precise legal term; a fiduciary using that position to carry out a transaction in their own self-interest and
by Maxatar 2y ago
Yes, self-dealing is illegal when taken to mean a precise legal term; a fiduciary using that position to carry out a transaction in their own self-interest and against the interests of their beneficiaries.
- brookst 2y agoYes, and just like anti-trust law doesn’t make monopolies illegal, it’s not the self-dealing that’s illegal, it’s the abuse of the process (as you say).