Insider Trading Policy

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The Importance of Maverick Currencies Insider Trading Policy for Compliance with Government Agencies

At Maverick Currencies, we prioritize compliance and adhere to a strict insider trading policy. This policy is crucial not only for maintaining market integrity but also for staying compliant with government regulations. Is Maverick Currencies regulated? As a firm committed to ethical trading practices, we ensure full compliance with all relevant regulations set forth by governmental agencies such as the Securities and Exchange Commission (SEC) in the United States and similar authorities worldwide.

1. Ensuring Market Integrity

The Maverick Currencies insider trading policy is designed to uphold the fairness and transparency of the financial markets. Insider trading, which involves trading based on non-public, material information, creates an unfair advantage and undermines investor confidence. Such actions can lead to decreased market participation and less efficient markets. By enforcing a robust insider trading policy, Maverick Currencies ensures all trading activities are conducted fairly, protecting the interests of our clients and the integrity of the financial markets.

2. Compliance with Government Regulations

To answer the question, is Maverick Currencies regulated? Yes, we are committed to full compliance with all applicable laws and regulations. Regulatory bodies such as the SEC, the Commodity Futures Trading Commission (CFTC), and the Financial Conduct Authority (FCA) in the UK have stringent rules against insider trading. Non-compliance can result in severe consequences, including significant fines, criminal charges, and reputational damage. Our insider trading policy is a key element of our broader compliance program, which includes regular training, monitoring, and audits to ensure adherence to all regulatory requirements.

For more information on how regulatory bodies function, visit:

3. Safeguarding Our Reputation

Maintaining a strong reputation is vital in the financial industry, where trust is paramount. A single insider trading incident could severely damage our firm’s reputation, leading to client loss, legal challenges, and financial penalties. The Maverick Currencies insider trading policy helps protect our reputation by requiring all employees to adhere to the highest ethical standards, avoiding any actions that could lead to conflicts of interest or allegations of insider trading.

By maintaining strict policies, we demonstrate our commitment to ethical conduct, which is central to our firm’s values and critical to sustaining the trust and confidence of our clients, partners, and regulatory authorities.

4. Promoting Ethical Trading Practices

At Maverick Currencies, compliance is not just about following the law; it’s about doing what is right. Our insider trading policy fosters a culture of integrity and accountability. We provide ongoing training to ensure all traders and employees understand their responsibilities and the importance of maintaining market integrity. This training is integral to our firm’s operations, particularly for those interested in understanding which prop firm trades crypto and how they can participate ethically and legally.

5. Ongoing Compliance and Monitoring

Compliance is an ongoing process, not a one-time effort. Our insider trading policies are continuously reviewed and updated to reflect the latest regulatory developments and best practices in the industry. We use advanced monitoring tools and conduct periodic audits to detect and prevent any potential violations. Furthermore, we promote a speak-up culture, empowering employees to report suspicious activities without fear of retaliation.

For those interested in learning more about the best prop firms for forex, our policies serve as a benchmark for ethical conduct and compliance. By adhering to these policies, Maverick Currencies protects its clients, maintains its reputation, and contributes to the integrity of the financial markets.

INSIDER TRADING POLICY

MAVERICK MANAGEMENT, LLC
STATEMENT OF POLICY
PURSUANT TO THE
INSIDER TRADING AND SECURITIES FRAUD ENFORCEMENT ACT OF 1988
Effective May 4, 1998
(Updated Sept 5th, 2024)

Maverick Management, LLC is involved in activities that require strict compliance with federal and state laws and regulations applicable to securities transactions. Of particular concern are laws and regulations that prohibit so called “insider trading.” Trading on inside information violates both federal and state civil and criminal statutes, and may subject an individual to imprisonment, fines or monetary damages. MAVERICK MANAGEMENT may also be subject to fines if its member(s)/associate(s)s engage in such conduct.

Information is considered ‘non-public,’ if it is not available to a significant number of participants in the market or the public at large. Information is material if it would be important to an investor in making a decision to buy or sell a security.
It is the policy of MAVERICK MANAGEMENT that all member(s)/associate(s)s comply with insider trading laws and regulations as may involve its activities or the activities of related firms and, further, refrain from any action that may cause even the appearance of impropriety.

A member(s)/associate(s) of MAVERICK MANAGEMENT , who has material non-public information about any corporation or the market for the securities of such corporations, shall:

1) not communicate that information or recommend any trade of securities or derivatives based on that information to any customer of MAVERICK MANAGEMENT , or to any person who is likely to cause any trade of securities or further promulgate that information and
2) not cause any further trade of securities based on that information for his or her own account, or for any account for which he or she has a personal interest, whether the interest is pecuniary or otherwise. Such accounts include held in the name of an immediate family member [e.g. spouse or minor children], of anyone in the household who may be considered a dependent of the member(s)/associate(s), or of a relative or friend of that member(s)/associate(s).

In accordance with the reporting requirements of its regulatory authorities, and in order to comply with the firm’s internal rules and monitoring requirements regarding restricted securities and insider trading, MAVERICK MANAGEMENT member(s)/associate(s)s and registered traders will be required to notify the Firm of the existence of outside brokerage accounts held in the name of the member(s)/associate(s), registered trader, or immediate family members to the Compliance Officer of MAVERICK MANAGEMENT. The Firm will verify that all account statements received from outside brokers are properly identified on the corresponding account ID forms. If not, the account ID forms will be amended to bring them up to date. The firm tracks receipt of the statements on a monthly basis or quarterly basis if no activity. Once statements are received, they are reviewed first by Management and any activity is noted by symbol on the OBST for reference by the Compliance Officer. The Compliance Officer or designated Compliance staff then reviews the outside brokerage account statements for any unusual activity in accordance with the firm’s procedure including related activity between the outside brokerage accounts and the accounts held at MAVERICK MANAGEMENT. Such review will be documented by signing off on the spreadsheet or on the hard copy of the brokerage statements. This review will be done on a Quarterly basis. Should this review find unusual activity the Compliance Officer will report his findings at this time.

Exceptions to this policy will be made only in limited situations with the approval of the Compliance Officer. If permission is granted by the Compliance Officer, then duplicate confirmations and monthly statements must be sent by the outside firm directly to the Compliance Officer. All questions regarding outside accounts should be directed to the Compliance Officer.

All new member(s)/associate(s)s and registered traders of MAVERICK MANAGEMENT will be advised of this policy at the time of their employment and complete the attached form. All existing member(s)/associate(s)s and registered traders will be reminded periodically(semi-annually) of their obligation in this regard. If there are changes in the outside brokerage accounts MAVERICK MANAGEMENT will require notice within 10 days of the change.

MAVERICK MANAGEMENT, LLC – MEMBER(S)/ASSOCIATE(S) TRADING RULES
At the time of employment, all member(s)/associate(s)s are provided with a copy of our Statement of Policy regarding “insider trading.” Securities laws impose severe sanctions upon any individual who uses “inside information” for his/her own benefit or discloses it to others for their use. In addition, Maverick Management, LLC, (“MAVERICK MANAGEMENT”) has an obligation to its clients to maintain confidentiality regarding their transactions.

In order to comply with Federal laws and to protect MAVERICK MANAGEMENT member(s)/associate(s) confidentiality,
Member(s)/associate(s)s may not base personal trading decisions on material non-public information or client information acquired in the performance of their duties. This includes information obtained from trading cards, phone orders or position summaries the member(s)/associate(s)s may handle for clients.
Violations of the MAVERICK MANAGEMENT policies on insider trading or personal securities accounts are considered extremely serious and will [may] lead to disciplinary action, including possible termination of employment. Such a breach may also violate federal and state civil and criminal statutes and may subject the Individual to fines, imprisonment and monetary damages.

I have read and understand the Maverick Management, LLC Statement of Policy and Rules, pursuant to the Insider Trading & Securities Fraud Enforcement Act of 1988.

Member/Employee Name:
Member/Employee Signature:

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