I just received an offer to lateral into banking. How does independence affect the stocks I currently own? If I join and my stocks are on a restricted list will I have to sell them? Or will I be limited to being unable to buy more/sell any during the course of my employment.

likeuplifting
Posting as :
works at
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congrats! what group were you in at KPMG and where are you going?

like

Depends if you are an access person or not. More than likely you will just have to report on a quarterly basis, send a statement to compliance

helpful

You will more than likely have a restricted list and need to ping compliance before every trade to see if you can buy/sell that stock.

You won’t HAVE to sell if stuff is restricted, but you won’t be ABLE to either

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