My heart is broken. Received notice from corporate that my inherited money and long held retirement funds violate their policy because they are with non-approved brokerage companies. I disclosed my IRA when hired so should have told I was violating their policy then instead waiting 5 months to say something. And I told my advisors about inherited money so should be told at least a month ago that I was violating policy. Now I have to look for a new job. And I got a good review yesterday and a raise in July. Nice people to work for.
I am not fired. I have to comply. I gather their conern is insider trading since I work for financial advisors and doing trades on my my own in my personal accounts. If I buy CDs or US government bonds only, I am compliant. If I ask permission for exception for a managed account, I am compliant.
inancial advisor said to bring statements on Monday and they will look at them instead of looking for a new job. If this is a ploy to be in charge of my personal finances, I must reject it. If I quit next year, I don't want harm to my personal finances cause of an employer. I like keeping personal and business separated.
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