Do employees at fintech companies have restrictions on stock trading like banks?
I am talking about robo advisors like Robinhood, Betterment, Stash, Acorns, etc. I am a SWE
Yes
Yes at Bloomberg, but maybe not for the firms you listed (which all pay less than BBG and hedge funds, except for Robinhood if you count its illiquid stock)
At Robinhood, restrictions vary by role and also depend on whether you are a registered rep (ie have Finra license) or have supervisory responsibilities. Also, all employees need to disclose outside accounts and the firm gets copies of your statements. Most SWEs have little or no trading restrictions
Nope not at PayPal , thoguh some argue it’s not a fintech
Yup, but mainly team depend. If you have access to non public date then you can’t trade. Or if you know what deals are in the pipeline.
Ya
depends on how close you are to the securities handling side of the business.
In a way yeah https://www.finra.org/rules-guidance/rulebooks/finra-rules/5270