Is this really legal in Switzerland? 😅
•
11
•@Der_Dividenden_Monteur Yes, this is common practice at Swiss banks and this directive is in line with the requirements of the market conduct rules of the Financial Market Supervisory Authority. These rules state that financial institutions that are supervised by FINMA must take measures to ensure that employees' transactions are monitored. Keyword: market manipulation, etc.
•
11
•
@mrsalva So in Germany you can trade wherever you want, but you have to send every transaction to the compliance department, preferably automatically.
Some brokers also offer this free of charge. Perhaps you should look into this option. I think it's called "Sending duplicates for compliance-relevant employees"
Some brokers also offer this free of charge. Perhaps you should look into this option. I think it's called "Sending duplicates for compliance-relevant employees"
•
22
•