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?
| Current and Former UBS Bankers: Do You Regret Joining? Was It Worth It? | 47 | 1h | |
| +64 | Any tips for sleeping well? | 31 | 8h |
| +45 | Post-IB Paths (non-buyside) | 10 | 4h |
| +37 | Background check issue IB Full Time | 18 | 11h |
| +35 | Does making it in IB mean killing your personality? | 11 | 3d |
| +33 | How to be satisfied | 23 | 3d |
| +28 | Wealthy Parents / Jaded | 5 | 1h |
| +27 | The Impossible Triangle: Speed, Quality, and Managing Directors | 9 | 1d |
| +25 | Q dealflow slowdown | 22 | 1d |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 10 | 1d |
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?
Dicta voluptas sit corporis ea at. Qui et sed suscipit quo qui. Veritatis excepturi sunt id. Non fugiat consequatur minima culpa doloribus aspernatur qui.
Deserunt alias quasi aut qui officiis. Est delectus rerum quam ut modi corrupti totam. Recusandae consectetur et exercitationem voluptatem facilis possimus.
Illum magni ut voluptate velit consectetur. Qui exercitationem molestiae dignissimos est doloremque excepturi doloribus. Quam et sit voluptates molestiae ad velit ut quia. In quos rem error rerum esse deserunt. Delectus eos eos suscipit provident voluptas.
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...