This FYI communication regarding Corporate Insider/Institutional purchases or sales does not relate to transactions conducted by the account holder who receives it. Rather, it provides information regarding trades conducted by insiders of a company whose stock the account holder owns.
When individuals purchase or sell shares in a company for which they are classified as an insider, they are required, by regulation, to publicly disclose such transactions. As account holders oftentimes make trading decisions based upon the actions of presumably informed insiders, IBKR makes this information available via this FYI communication.
This communication is bundled within the IB FYI category titled Portfolio FYIs and instructions for enabling or disabling are available via the following link: How do I manage IB FYIs?
Note
- This IB FYI is provided for information purposes only and is not intended as a recommendation to purchase or sell securities.