Is it permissible for a portfolio manager to recommend a stock in a company on which he sits on the board of directors? Or is it permissable as long as he discloses it?
If he discloses it and is not reco’ing it on material nonpublic info.
I would think that it is permissible if its disclosed, if it fits the parameters of the IPS and if it appears to be a good investment. Am I reading too much into the question?
Permissible if disclosed
so if u sit on the board and also get options and, fees this is still ok? and i assume being personaly invested is not a problem–again, as long as u disclose
disclose, disclose, disclose.