Profit Guide to Forex
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Can banker's spouse trade any securities or forex without the 30 days restriction?

I am taking a career in investment banking. My husband trade options and stocks pretty frequently. His trades can be as short as a few days to a couple months, rarely longer than a year. I learn that there is restrictions on trading securities if the spouse works full time in the bank, for example, approval needed from the bank before entering the trade, and no closing of each trade before 30 days. Do you know if that apply for forex trading as well? I am not sure if that means he needs to stop trading completely, or he can trade forex, etc.

Public Comments

1. I am not an expert on this subject, but it is my understanding that the rule applies only to companies for which "material" information and "non-public" information is available to the employee. In such a case a spouse can not trade the security involved.