Senators to Propose Ban on U.S. Lawmakers, Executive Branch Members Owning Stock

Re:Senators to Propose Ban on U.S. Lawmakers, Executive Bran... by PartiallyTyped on Wednesday July 19, 2023 @10:06AM (#36786570)

My immediate family can't trade Amazon stock even though I am just some random employee in this behemoth.

It's relatively minor, but it's still legal repercussions.

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Re:Senators to Propose Ban on U.S. Lawmakers, Executive Bran... by mikestew on Wednesday July 19, 2023 @10:21AM (#36786832)

...though I am just some random employee in this behemoth.

I'm skeptical of "just some random employee", or a ban on immediate family trading AMZN. Because it's the first I've heard of this for an SDE that doesn't work in finance for Amazon, and I know plenty of folks that work at Amazon and trading AMZN has come up.

I'm not saying you're wrong, but I'd sure double-check on that because it doesn't match my experience with other large companies (for instance, there was a time when my spouse worked in Microsoft finance, and I had to have my MSFT trades approved or something, but not banned from trading).

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Re:Senators to Propose Ban on U.S. Lawmakers, Executive Bran... by ghaff on Wednesday July 19, 2023 @10:30AM (#36786992)

Trading windows are pretty normal but, if there's RSU comp, they have to be able to trade AMZN even if it's just pre-scheduled/approved.

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Re:Senators to Propose Ban on U.S. Lawmakers, Executive Bran... by PartiallyTyped on Wednesday July 19, 2023 @10:23AM (#36786867)

I read it on my contract, but I may be forgetting something.

It is possible that this is org wide.

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