Am I allowed to hang out with my equity research friends?
Hey y’all, wanted some advice.
I’m hanging out with some friends over this coming weekend that work in equity research.
We’re all in the same industry/coverage but are at different banks.
please advise on if the SEC will allow this.
I remember reading something from HR that talked about a chaperone being necessary.
You should wear a GoPro whenever you are meeting those equity research people.. GoPro footage may be used as evidence in court.
Yes just record all events.
The chaperone thing is only if you're talking shop. i.e. you're the coverage MD for Apple, your bank's sell-side analyst moves to a Sell rating and Apple obviously wants to do no business with your bank anymore. You, with a chaperone present, can ask them their views and why they have the rating, but you can't try to convince them to change it. The chaperone is just to make sure you're not intimidating the analyst, not to prevent them from meeting at all
You can hang out with your junior ER buddies outside of work, but obviously no discussing work at all.
How do people that ask things like this get jobs in this field?
lmao
cuz it's a funny shitpost. Should be obvious
That was my first thought, but I've seen/witnessed post-grads in finance being even less socially aware than this so who knows.
That's fair. Tbf I've seen some pretty clueless guys in desirable jobs too lmfao. How on earth did they get there
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