Illegal to do internships at PE and IB at same time?
(Chimp, -9
Points)
on 8/18/12 at 6:01pm
Is it illegal to do an internship at an investment bank, and a private equity firm (not related companies), at the same time?






I think it may depend. I was
I think it may depend. I was doing an internship at MS, and I had to disclose all other income I was getting from any other sources. if it was with any other company from FINRA i had to dissociate with one. But my compliance officer was OCD about rules so idk it might be different elsewhere.
Most likely, yes, primarily
Most likely, yes, primarily due to conflicts of interest.
You rarely have time to take
You rarely have time to take a shower during an IB internship , leave alone doing another job.
Class A Felony in NY state
Class A Felony in NY state
Makes sense, interesting
Makes sense, interesting point.