What are trading policies in MBB and Big 4? See all these posts about buying stock, while here I am at BCG basically limited to only ETFs by our trading policy

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B4 can generally invest in stocks as long as firm isn't involved in the audit which eliminates up to 1/3 of the options including some ETF/MFs. We have to confirm the stock is allowed before making a purchase and also report our holdings (just tickers, not amounts). Also subject to random independence audits.

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Depends on your role at the firm as well. Associates vs partners have different restrictions.

We just have to pre clear all of our trades (buying and selling) on an internal website. It pretty much means we can’t trade the stock of any clients (which cuts out most of the big companies) but if there are cool smaller cap companies that you’re excited about those are usually approved

FWIW I’ve never had a stock that I wasn’t approved to trade

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VOO all the way in general, but would like to play with 10% for fun

This is dramatic. Im approved for most of my trades

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