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ethic: affiliate broker and written consent

1. what is affliated broker?
2. when an employee work part time for other organization which does not compete with his firm, is it a must that he need to get a written consent? is it a must he need to provide full disclosure to his company?
if both shows up on the answer list, which one to pick ?

2. depends on if it will affect his day job. If so, need to disclose everything and get consent before accepting.

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