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Look like a million bucks. Feel like shit.
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You likely need to get pre approval for all trades you make from now on. They do this at my company too, and not doing so can get you fired.
30 day hold and you can’t participate in ipos where I’m at right now. Where I’m going after I put in my two weeks this week, I will need pre-clearance of all trades
OP all of these restrictions are fairly standard in the industry so the firm can make sure it’s employees don’t abuse MNPI
Yes. From custodial banks to top tier PE shops. They all have these rules in place
Probably a topic best covered with your compliance department... Also, you oftentimes have to move assets to an approved platform eg many firms do not allow Robinhood. Would chase down an answer there as well if you’re not using a well established discount broker
In my company you need preapproval and have to hold for at least 20 days
No, day trades are not allowed
I’ve heard the same. You need approval first. Which depending on the security, you can get within the day. But selling is where it’s difficulty. I’ve heard you can’t sell before 30 days. And need approval on for the sell as well. I would inquire about their personal trading policy. They should have a dedicated team just for that.
You’ll need to get preapproval through PTA prior to any trade.
BR1 is correct. Just search PTA on your genie. Have to hold for 60 days before realizing profits
You are not allowed to trade without approval. That applies to you and your wife if you have one. Most of the time, my request is denied without telling me why, unless you are trading ETF.