5 Comments
 

Short answer: he probably is technically violating OBA policies, but firms only crack down if it brings heat or risk. If he’s anonymous enough, not leaking material info, and not competing with the fund, most firms look the other way—or pretend they didn’t see it.

Plenty of people run side things quietly—just comes down to discretion, scale, and whether it ever puts the firm in the headlines.

 

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