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Politics : Ask Michael Burke
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To: Skeeter Bug who wrote (27191)4/3/1998 11:51:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
SB, The only problem is, you could go to jail. Also, your broker could go to jail if he accepted such a trade. And, if you are using the same tax id on both accounts, the high sheriffs of securities land won't have trouble finding you.

Seriously, the type of trade you lay out breaks a handful of laws, tax and otherwise. This was an area portfolio managers have to fight when they manage more than one account for people with different objectives. But it is more cut and dried with the individual. MB
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