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Does it make sense to pull a Richard Nixon if you are cornered on this? For instance, the conversation could go something like this:
Designated Officer: “So what in a sense you’re saying is that there are certain situations…where a Charterholder can decide that it’s in the best interests of the client or something, can do something unethical?”
You: “Well, when a Charterholder does it, that means that it is not unethical.”
DISCLAIMER: The above situation does not constitute actual advice to the OP. The dialogue is merely presented for comedic effect, and in no way is a recommended approach in handling a similar situation which may or may not be faced by an actual Charterholder.

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