Software Engineering CareerOct 12, 2021
Newfintechfin
Question about Bloomberg employee trading restriction
There’s a restriction on employee trading and profiting within 30 days of purchasing. Will this impact my family’s trading? What’s to prevent me from telling my mom what stocks to buy and sell the next day? Are there loopholes that exist to let me still “trade stocks” such as me transferring my money to my moms bank account?
Bloomberg luBY69 Oct 13, 2021
30 days hold if you make profit. Can't trade exotics. Applies to all accounts you (may) have influence If you have mnpi it will land you in trouble regardless where you are For the rest...you're asking people to teach you how to hide your dealings. Spend a couple of yrs in a big bank and you'll learn all about money laundering, etc. 😂
Walmart qCpq75 May 30, 2023
For generic ETFs (for example on crude oil), is there such 30-day restriction?
You can do that. The restriction only applie to your accounts.
This is wrong. It also apply at least to your partner too.
If you don’t have partner, u can trade from your moms account