Twilio employees, associates charged with insider trading by SEC

Re:Twilio employees, associates charged with insider trading... by mgfist on Monday March 28, 2022 @05:06PM (#30835567)

Many companies, and (most?) tech companies have trading black out periods that are lifted for about a month a few days after earnings. It applies to your personal brokerage account too, even though they can't technically enforce it.

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Re:Twilio employees, associates charged with insider trading... by jdmichal on Monday March 28, 2022 @07:08PM (#30836710)

I worked at a bank. They 100% had access to my personal brokerage accounts. It was a condition of employment.

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Re:Twilio employees, associates charged with insider trading... by labcomputer on Tuesday March 29, 2022 @10:53AM (#30843335)

Yes, banks do that. Many even prohibit employees to have personal brokerage accounts at other banks (How does that work for a married couple that work for different banks? There are exceptions which require additional disclosures, like submitting you spouse's and/or minor child's monthly statements within some short time frame).

Banks are the exception. Very, very few not-a-bank companies do that.

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