Hey guys, I will be beginning my SA internship in a product group soonish.
I was wondering if I should stop trading equities (for kicks and giggles. Of course nothing serious) once I start my internship, especially I'll be working in a product group.
I don't want to do anything that could potentially be suspicious. Thoughts?
| +164 | Evercore > Goldman and I don’t think it’s particularly close anymore | 58 | 3h |
| +152 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 11h |
| +124 | I am a drunk MD AMA | 40 | 1d |
| +86 | UBS Offer Day | 30 | 1d |
| +75 | Santander IB? | 10 | 3d |
| +71 | I hate Wells Fargo | 19 | 15h |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 2h |
| +50 | Think Twice before Recruiting for HOUSTON IB!! | 17 | 28m |
| +45 | How cooked am I as an incoming WF IB SA 2027? | 17 | 5h |
| +43 | WF Return offers | 28 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Keep going. Any time you get inside info, call your brother and have him route trades for you through a brokerage account under his name. Share some of the profits with him. Good luck
Ask during training what the firm policy is for trading. You may need to move your brokerage account and use internal brokers (if at a BB) and get approvals for every trade, at least that's what they do for full time. If it's too complicated to comply, just hold off on trading for 3 months.
My last and current employers just have me send duplicate statements to compliance but I can still trade normally. I think that it might be because I don't have a huge account though.
Account size doesn't matter. Do you have access to material non-public information in your job? Does your firm/group maintain a black list for stocks that you can't trade?
Expedita quis aut voluptates nihil hic nobis assumenda eum. Assumenda id ab quisquam et et. Molestiae impedit id enim qui quis ea. Perferendis ut iusto aliquam molestias. Enim in minima nostrum voluptas id dolorum est. Voluptatum ea praesentium temporibus ut inventore et eligendi. Alias temporibus quia eum ab ad vitae. Quo ex occaecati nisi nihil et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...