To protect against that, the law required that when investment managers give advice it must be based on either "unbiased" computer models or a "level-fee" arrangement where advisers aren't paid based on the investments participants buy.
According to Vessenes, the arrangement involved several high-level discussions with Silicon Valley Bank on the legalities and merits of entering the bitcoin business.
When questioned about the benefits (for Apple) of having exclusive iPhone relationships, Tim Cook (COO) noted that you can "generally have a level of innovation" that you can't have with a multi-carrier arrangement.
It's a row of three seats that can be converted to a futon-like arrangement the armrests can be stowed and solid footrests can be pulled up to the level of the seat, to create a flat cushion that fills the row.