How is this not a violation? He is giving preferential treatment to his 10 largest clients by reviewing their accounts first.
Did he change investment recommendation that disadvantaged everyone else? Was it block trading that disadvantaged everyone else? Recommendations and monetary trading.
No, he just reviewed their accounts before he did with his other clients.
AndyPettitteIsGreat Wrote: ------------------------------------------------------- > No, he just reviewed their accounts before he did > with his other clients. OK, acceptable. He didn’t disadvantage anyone. Remember, lack of effort, monetary disadvantage or investment recommendation disadvantage. If he would have given them an oversubscribed issue and not everyone else or sent out investment recommendations the day before the day before that would have been different.