That activity not only altered his role at GPH but may well have constituted engaging in privatesecuritiestransactions, for which separate approval is required.
Was Whittington authorized to engage in some privatesecuritiestransactions but not the specific Oxford sales or was he prohibited from engaging in any privatesecuritiestransactions through his outside business?
As I have often written concerning privatesecuritiestransactions and outside business activities, the onset of the Great Recession placed tremendous strain upon many stockbrokers and prompted them to seek additional sources of income to replace or supplement their reduced commissions and fees.