Prohibition against traders trading the same products you (or your customer) trade - please do something about it
There was another fine this week by the CME (the notice is here) where an employee was trading their own account to the detriment of a customer. In this instance, it was a brokerage firm employee trading against customer accounts orders in Treasury options for their own personal account. The notice does indicate the company "failed to adequately monitor the employee’s personal trading account despite permitting the employee to trade the personal account while working customer orders. Although (the company) conducted an internal investigation, (The company) failed to detect the employee trading opposite customer orders for one year, both before and after the internal investigation."
This has several points to it: