Donald Trump Wont Divest From His Business Interests, Is this legal?

“My two sons, who are right here, Don and Eric, are going to be running the company,” Trump said at a press conference in New York. “They are going to be running it in a very professional manner. They’re not going to discuss it with me.”

Sheri Dillon, a financial adviser at Morgan, Lewis & Bockius, said at the event that Trump’s sons would have no contact with their father while he serves as president, and the company will appoint an ethics adviser to oversee any possible conflicts. The president-elect and his daughter Ivanka Trump, whose husband will become a senior White House adviser, will resign all positions in the Trump Organization, Dillon said.

Dillon added that the Trump Organization will not make any new foreign deals during his administration. The company will still pursue domestic deals.

The decision to put his two adult sons in charge of his company while the president-elect maintains a financial stake in the business will do little to alleviate concerns about the conflicts of interest he will face in office.

http://www.huffingtonpost.com/entry/donald-trump-conflict-of-interest_us_587660f3e4b05b7a465cdf13