[nzrf]

As someone who is just engineer / architect and has to have all my trades approved and accounts granted access to reporting for not only my self but my partner. it really annoys me that these folks are not under more scrutiny. I don’t even have really any information to what these government officials do.

This to me falls under the “rules for thee not me.”

[korse]

Could you add a bit more context here? What sort of engineer and approved by whom?

[NovemberWhiskey]

If you work in engineering at a bank, all your personal account trades probably have to be pre-approved by your supervisor. You're almost certainly restricted on the products you can trade - like, maybe even "you cannot trade single stocks". You probably have to keep your account with an approved broker, who will then send your account statements to the compliance team at your firm.

If you try and trade a name that's on a restricted trading list (e.g. because the investment banking part of your firm is working on a deal with them) then that is also going to be denied.

If you're wall-crossed (e.g. in possession of material, non-public information, even by accident) for a deal, you absolutely cannot trade in related securities - like, go to jail, do not pass go.

[korse]

Thanks for the reply. That clears up a lot!

[capableweb]

> I don’t even have really any information to what these government officials do.

For sure you don't, it's the opposite. They sit on so much inside information that people outside the government would never have access to.