Body & Soul8 mins ago
Information on share buying required
4 Answers
This is a hypothetical case (for a work of fiction). My character is planning on doing some insider trading. She is aware that it is illegal and wants to buy the shares under a false name (she's not the brightest and doesn't have access to anyone who can provide her with false documents or anything). The question is, can she buy shares without her identity being checked? I am guessing it is unlikely that she turn up with a large wodge of cash and say she wants to buy shares, but I need a scenario where she can conceal her identity when she buys them. I am actually re-writing something that was written before financial institutions had to cope with money laundering regulations, so I am unsure whether the situation as I originally wrote it would be feasible now.
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