An example of an "indirect financial interest in a client" would be
◦ ownership of less than 10% of the client's stock by the covered members spouse.
◦ an ownership of less than 10% of the client's stock by a staff member who is not involved in the audit.
◦ the covered member's ownership of a mutual fund that has an investment in the client.
◦ All of these are examples of an indirect financial interest in a client.