Because it might be seen as insider trading? What if I become a corporate lawyer?
2007-02-23 08:11:46 · 2 answers · asked by ben_ev0lent 1 in Business & Finance ➔ Careers & Employment
You can buy whatever stock you want.
As a corporate lawyer however you need to be careful when buying stock from your own company.
Lawyers are privy to inside information. This really only applies to selling stock just before a major drop in price. If you purchase stock and follow normal trading rules you should be fine.
Inside trading is not that hard to prove. Someone will always remember a conversation and if it gets to court you would get caught.
2007-02-23 08:19:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, you will have to pre-clear your trades and have them approved before you trade. Depending on what informaiton you have access to there could be further restrictions. I know this is true for publicly traded companies.
2007-02-23 16:16:44 · answer #2 · answered by Steve 3 · 0⤊ 0⤋