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This is more or less what everyone in the registered investment adviser & mutual fund world must do. There’s quite a lot of compliance software to facilitate ap
by elliekelly 6y ago
This is more or less what everyone in the registered investment adviser & mutual fund world must do. There’s quite a lot of compliance software to facilitate approval and checks before and after a transaction is effected in a personal account and the personal transaction history is compared, broadly, with market performance and internal fund transactions periodically to check for overlapping trades (+/- a week) in the same direction.
- slaymaker1907 6y agoI had to follow these ridiculous rules despite the fact that I never actually had access to PII and was working as programmer at Goldman Sachs (in PWM, no robo trading or anything). These rules seem to be in place mostly for (relatively) poor people.