Stock Trading as a Lawyer

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Joined: Mon Jul 06, 2020 2:30 pm

Stock Trading as a Lawyer

Post by tlheffernan12 » Mon Jul 06, 2020 2:39 pm

Setting aside that it is conventionally a wiser investment strategy to invest in an index than in individual stocks, I am aware that most firms have a securities trading policy outlining the steps an attorney at the firm needs to take in order to clear an individual trade in order to prevent any allegations of insider trading.

Does anyone know what the processes are after an attorney leaves the law firm, though? Is the attorney still prevented from trading any individual stocks that relate to any clients of the law firm that she used to work at (even if the attorney has no personal knowledge of such client/matter)?


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Re: Stock Trading as a Lawyer

Post by dvlthndr » Mon Jul 06, 2020 9:44 pm

Firm policies won’t apply to you once you leave. As long as you aren’t doing anything dumb/illegal like insider trading, you will be free to trade securities like any other person once you leave.

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