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COIs in Financial Consulting

A new kind of COI has just come to light as the practice has become much more widespread through investigative reporting of the Seattle Times. Many investigators are recruited to consult for financial entities including venture capital firms, hedge funds and investment houses to inform them of the latest developments in their field. The pay is good and the investigators feel quite flattered. Sometimes, the investigators have provided privileged information about an ongoing clinical trial about which both they and their institutions signed confidentiality statements. In all instances, the goal of the consulting groups is to learn information of investment value before the competition. After the initial concern, apparently this area of concern has lost immediacy.
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Chapter 4
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Conflicts of Interest (COI)

Definitions

Consequences of a COI

Government Intervention

Industry Sponsorship

Professional Societies

Clinical Practice Guidelines

Other Initiatives

COI in Financial Consulting

Cases

Bibliography


Chapter 4 Download (PDF)