Do any BB/EBs still let you trade?
Are all BBs and EBs on the no trading policy? Where it’s ETFs/indices only?
Always liked trading, but understand the compliance issues that it could open up if managed improperly
Are all BBs and EBs on the no trading policy? Where it’s ETFs/indices only?
Always liked trading, but understand the compliance issues that it could open up if managed improperly
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Based on the most helpful WSO content, there isn't specific information in the dataset provided about whether all BBs (Bulge Brackets) and EBs (Elite Boutiques) enforce a strict "no trading" policy or limit employees to trading only ETFs/indices. However, it's common in the industry for compliance policies to restrict personal trading to avoid conflicts of interest, especially for employees in sensitive roles like investment banking or research.
Typically, firms may allow limited trading in broad market instruments like ETFs or indices, but individual stock trading is often heavily restricted or outright prohibited. These policies vary by firm and are designed to ensure compliance with regulations and prevent insider trading risks.
If you're considering a role in a BB or EB and have a strong interest in trading, it would be best to directly review the compliance policies of the specific firm you're targeting.
Sources: https://www.wallstreetoasis.com/forum/investment-banking/eb-vs-bb-long-term-and-exits?customgpt=1, boutique v BB, Are EBs going to raise base???, Has Anyone Worked at Both a BB and EB?, MM SA to BB/EB FT
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