Can i trade using someone else's account?


#1

Hello, i got a new job for a company and my new boss wants me to trade in the stock market on his behalf. It is a construction company and have no business relating to the stock market. Now, my boss would invest his own money in his own demat account but wants me to manage it. Is it legal to trade in this circumstance? Do i have to be an authorized person or registered in any way to do this legally? Are there any rules and regulations regarding me getting a payroll under his company i.e the construction company and have no contributions to the construction part of the company? Please help me out.


#2

Hey @HruaiaHrahsel,

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#3

@HruaiaHrahsel, Not convincing enough to take this plunge.