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This makes big 4 independence requirements sound like an investing dream.
How do you save for retirement? Can your financial advisor do it on your behalf?
I can still invest in funds - the restriction is only for individual securities. Sorry if that was unclear!
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I can’t really think of a good justification for this......
A complete ban on trading is not common, or at least isn’t the policy here. Our restrictions are limited to clients (current and recent past) and we have to disclose individual stocks we own to compliance. Even in your situation though you can still buy mutual funds/etfs.
Work at delitte and we cannot trade any security we audit even if foreign subs, also can only use approved platforms and need to clear every trade and document it. Is part of how we comply w PCAOB and independence.
Yeah to be clear to everyone above: I'm still allowed to invest in index trackers etc. - I have an auto-payment set to vanguard.
Yes