Fund managers in Taiwan are asking regulators to lift a rule that bans employees from using mobile phones during trading hours. According to Bloomberg, many managers must secure their phones when they arrive at work each day and are not allowed to access them until markets close. The Taipei Times reports similar pressure from the industry for changes to the restriction.
The requirement is aimed at reducing the risk of improper information sharing or other trading disruptions, but fund managers argue that the policy is outdated and burdensome given modern market operations and communication tools. They are calling for regulators to reconsider how mobile devices are handled during the trading day.
While the reporting focuses on the ban’s day-to-day impact on fund managers, it does not detail whether regulators have signaled any specific timeline or alternative compliance measures. The outlets frame the request as part of ongoing industry efforts to adjust trading workplace rules to current practices, while maintaining market integrity.