Jlars writes:An interesting memo came around at work yesterday, requiring all employees to not only disclose all securities accounts in which we have investment authority, but also to have copies of monthly statements AND all trade confirms mailed to HR.Has anyone had any experience with this? My first reaction was that it's incredibly intrusive. The company is a financing & leasing subsidiary of a major international bank, and the policy is ostensibly to ward off any insider trading based on, I guess, deals we might be doing.Such requirements are common in the financial world, and are often a condition of continued employment. My last employer had a similar requirement, and so does The Motley Fool. The only difference is that TMF has not required statement copies, only disclosure. All in all, for someone involved with other people's money, whether directly or through advice, it is not an unreasonable demand on employees IMHO. If we don't like it, we are free to walk.Regards..Pixy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra