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标题: Ethics - Schweser Volume 1 - Page 43 - Example 3 [打印本页]

作者: Carson    时间: 2013-4-8 10:25     标题: Ethics - Schweser Volume 1 - Page 43 - Example 3

The answer says: The member should not take any shares of a hot IPO for himself and distribute his allocated shares to all clients in proportion to their original order amounts.
So - when can a member participate in an IPO? Or keep some shares for himself?
作者: dece2011    时间: 2013-4-8 10:26

If the issue isn’t oversubscribed and gets the proper approval and makes the proper disclosures, then he can participate.




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