Legal Stock Preclearance

Add trading holidays during which the trading is closed.

As a member of the legal stock approvers group, approve or reject a stock preclearance approval request so that the requester can trade in the securities of the organization.

You can install the Legal Stock Preclearance application (sn_lg_stock_cp) if you have the admin role. The application includes demo data and installs related ServiceNow Store applications and plugins if they aren’t already installed.

Several types of components are installed with activation of the Legal Stock Preclearance application, including tables and user roles.

Configure the foundation data for your stock preclearance process to enable employees to submit preclearance approval requests before they trade in the securities.

Reference topics provide additional information about the lists and forms that you use in Legal Stock Preclearance.

Legal Stock Preclearance enables you to manage stock preclearance requests complying with the company’s stock preclearance policy. You can set up trading windows, manage an access persons list, and approve or reject stock preclearance requests.

Add users who have access to non-public information regarding the trade of securities of your organization.

Set up a trading window for a period in which certain designated employees of the organization are permitted to trade in the securities of your organization.

Legal Stock Preclearance application keeps you in compliance with your organization's stock preclearance policy through automation of submission and approvals of preclearance requests.

Employees from different departments in your organization can submit stock preclearance requests complying with the company’s stock preclearance policy

As a designated access person, submit a request to obtain the preclearance approval from the legal department before you can trade in the securities of your organization.