Deutsche Bank is tightening its rules on how employees can trade with their own money, according to people familiar with the matter.
Bloomberg News reports that from next year, all trades in exchange-traded funds - investments that track the performance of a large number of underlying assets - will need to be cleared by an employee’s manager and compliance staff, regardless of their size, said the people.
The rules are being brought into line with those for stock trades, the people said, asking not to be identified because they’re not authorized to talk about the matter.
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