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    UBS Curbed Personal Trading

    The Swiss bank, UBS, imposed additional rules in 2014 on employees that restricts their ability to place personal trades while they are handling the transactions of other clients. This happened as several investigations were being made into possible improprieties in the foreign-exchange market. Until this decision was made currency traders who worked at UBS were allowed to place their own trades while they were performing trades on behalf of UBS for clients. This comes from a variety of sources including former traders and other people familiar with the situation at UBS. Most of the biggest rivals of UBS have barred traders from making personal trades while on the job for…