Are there measures that could have been taken to help the Columbia professor or the financial regulator recognize their conflict of interest and self-serving bias?

Global business

Watch the videos below and respond to the following two questions (2 page max):

1) In your opinion, are there measures that could have been taken to help the Columbia professor or the financial regulator recognize their conflict of interest and self-serving bias?

2) If one party involved in a transaction is considered an expert in the field and the other party is not, does the expert have an ethical responsibility to provide assistance to the other party? Why or why not?