Can anyone explain what does preclearance procedures under STD VI(B) Priority of transactions means?
Thx作者: Valores 时间: 2013-4-2 12:35
As a candidate or charterholder you can’t disadvantage a client by front running on a trade or using information about a company BEFORE you first let the client in on the information (think client before self).
Preclearance procedures ensure that the firm gets to look at employee trades before they are executed to be sure that none of the above violations take place.
