Jason Gelinas, an employee at Citigroup Inc., has been placed on paid leave pending an internal investigation after he was identified as the operator of the most prominent website dedicated to the QAnon conspiracy theory, according to three people familiar with the matter.
Gelinas, who lives in New Jersey, was identified Sept. 10 as the operator of the website QMap.pup and its associated mobile apps by the fact-checking site Logically.ai. Since then, the website has shut down and now simply provides links to alternative websites offering information on the QAnon conspiracy.
Gelinas earned over $3,000 a month on a crowd-funded Patreon site dedicated to supporting the QAnon site, which he said helped cover the monthly operating costs.
“As outlined in our Code of Conduct, employees are required to disclose and obtain approvals for outside business activities,” Citigroup said in a statement, declining to comment on Gelinas’s status.
Well, it looks like running the qanon website was against the policies of Citigroup , since he didn't disclose an outside business, and the website owner is now on paid leave until they figure out if he did run the website.
Someone who is in his position should have known better.
Citigroup puts employee who ran QAnon website on paid leave | Fortune
Don't know much about this organization, QAnon, but from what I gather it's been alleged that they are heavy into conspiracy theory. Is this just another case of political correctness run amok or was it a money making business? I guess we'll know soon enough. At least they are paying him until they determine if he made an income from running the site and didn't immediately fire him.
hmmmm, wondering... Does Citigroup disallow a second income ? if so, how does that work ?
hmmmm, wondering... Does Citigroup disallow a second income ? if so, how does that work ?
Don't know much about this organization, QAnon, but from what I gather it's been alleged that they are heavy into conspiracy theory. Is this just another case of political correctness run amok or was it a money making business? I guess we'll know soon enough. At least they are paying him until they determine if he made an income from running the site and didn't immediately fire him.
If a company believes that a person's activities reflects badly on them they have every right to fire them or stop doing business with them. People bringing that to their attention is not the issue.I don't know much about them either.
However, I fully support free expression whether I agree with what's being expressed or not.
I do not agree with "cancel culture" in it's most rabid form, i.e. expressing disagreement, okay. Refusing to support or fund, okay. Trying to get someone fired, closed down, or otherwise harmed? NOT okay.
But it seems at first view this had nothing to do with his "political" views, and everything to do with competitive profiteering that might create a conflict of interest with his employer.
Time will tell.
If those outside activities risk the employers brand and reputation and/or a loss of revenue, they are well within their means to act accordingly to prevent such damage.That's what the O/P article states. The employee needs to "obtain approvals for outside business activities". I would think the website would be okay because it's not a conflict of interests with the employee's employer.
hmmmm, wondering... Does Citigroup disallow a second income ? if so, how does that work ?
good...I hope he gets fired and then the rest of these loons are outted.Well, it looks like running the qanon website was against the policies of Citigroup , since he didn't disclose an outside business, and the website owner is now on paid leave until they figure out if he did run the website.
Someone who is in his position should have known better.
Citigroup puts employee who ran QAnon website on paid leave | Fortune
it may not matter if he made money from it or not...if it runs contrary to their social media requirements and requirements of disclosing any possible conflict..something like this could be a huge conflict of interest for Citi.Don't know much about this organization, QAnon, but from what I gather it's been alleged that they are heavy into conspiracy theory. Is this just another case of political correctness run amok or was it a money making business? I guess we'll know soon enough. At least they are paying him until they determine if he made an income from running the site and didn't immediately fire him.
it may not matter if he made money from it or not...if it runs contrary to their social media requirements and requirements of disclosing any possible conflict..something like this could be a huge conflict of interest for Citi.
Don't know much about this organization, QAnon, but from what I gather it's been alleged that they are heavy into conspiracy theory. Is this just another case of political correctness run amok or was it a money making business? I guess we'll know soon enough. At least they are paying him until they determine if he made an income from running the site and didn't immediately fire him.
It's not like it's in the OP or anything. Oh wait.
Gelinas earned over $3,000 a month on a crowd-funded Patreon site dedicated to supporting the QAnon site, which he said helped cover the monthly operating costs. “As outlined in our Code of Conduct, employees are required to disclose and obtain approvals for outside business activities,” Citigroup said in a statement, declining to comment on Gelinas’s status.
Not as moronic as when you thought a blindingly sarcastic article demonstrating that mail-in ballots are the same as absentee ballots actually argued the opposite because you only read the article's sarcastic title, but still... pretty big fail.
It's not like it's in the OP or anything. Oh wait.
Gelinas earned over $3,000 a month on a crowd-funded Patreon site dedicated to supporting the QAnon site, which he said helped cover the monthly operating costs. “As outlined in our Code of Conduct, employees are required to disclose and obtain approvals for outside business activities,” Citigroup said in a statement, declining to comment on Gelinas’s status.
Not as moronic as when you thought a blindingly sarcastic article demonstrating that mail-in ballots are the same as absentee ballots actually argued the opposite because you only read the article's sarcastic title, but still... pretty big fail.
Your childish foot stomping is noted.
Come back to the thread and discuss when you're not so pissed off at the world.
That's what the O/P article states. The employee needs to "obtain approvals for outside business activities". I would think the website would be okay because it's not a conflict of interests with the employee's employer.
I don't know much about them either.
However, I fully support free expression whether I agree with what's being expressed or not.
I do not agree with "cancel culture" in it's most rabid form, i.e. expressing disagreement, okay. Refusing to support or fund, okay. Trying to get someone fired, closed down, or otherwise harmed? NOT okay.
But it seems at first view this had nothing to do with his "political" views, and everything to do with competitive profiteering that might create a conflict of interest with his employer.
Time will tell.
If a company believes that a person's activities reflects badly on them they have every right to fire them or stop doing business with them. People bringing that to their attention is not the issue.
If those outside activities risk the employers brand and reputation and/or a loss of revenue, they are well within their means to act accordingly to prevent such damage.
I don't see anything wrong going on here.
1. An employer has the right to set conditions for employment.
2. An employee has the right to agree to those conditions or not.
3. If an employee violates the conditions, the employer has the right to dismiss the employee.
In this case, nothing has been decided yet. The employer is only investigating whether the employee has violated their conditions.
it may not matter if he made money from it or not...if it runs contrary to their social media requirements and requirements of disclosing any possible conflict..something like this could be a huge conflict of interest for Citi.
Since we don't know what their actual employee code of conduct requirements are, we'll just have to wait and see how this pans out.
It's not like it's in the OP or anything. Oh wait.
Gelinas earned over $3,000 a month on a crowd-funded Patreon site dedicated to supporting the QAnon site, which he said helped cover the monthly operating costs. “As outlined in our Code of Conduct, employees are required to disclose and obtain approvals for outside business activities,” Citigroup said in a statement, declining to comment on Gelinas’s status.
Not as moronic as when you thought a blindingly sarcastic article demonstrating that mail-in ballots are the same as absentee ballots actually argued the opposite because you only read the article's sarcastic title, but still... pretty big fail.
Your childish foot stomping is noted.
Come back to the thread and discuss when you're not so pissed off at the world.
Yes, but even if he isn't violating that and Citi thinks this association could harm them, they have every right to fire him anyways.Everyone is missing that this is a legal and compliance requirement for institutions regulated by FINRA.
" FINRA Rules 3270 and 3280 require registered representatives to notify their firms of proposed outside business activities (OBAs), and all associated persons to notify their firms of proposed private securities transactions (PSTs), so firms can determine whether to limit or allow those activities to proceed. Certain OBAs and PSTs could potentially involve misconduct or create conflicts of interest that may expose both firms and customers to potential risks. The notifications required in the rules assist firms in identifying and determining how to mitigate those risks, including by placing conditions on, or prohibiting, participation in the proposed OBA or PST.5 "
Outside Business Activities and Private Securities Transactions | FINRA.org
The Outside Business Activities and Private Securities Transactions section of the 2017 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.www.finra.org
Employees are required to report outside business activities on an annual basis to maintain compliance checks. This is a requirement that all banks have in order to prevent hidden conflicts of interest. It has absolutely nothing to do with "political correctness". This guy violated the firm's compliance procedures.
Everyone is missing that this is a legal and compliance requirement for institutions regulated by FINRA.
" FINRA Rules 3270 and 3280 require registered representatives to notify their firms of proposed outside business activities (OBAs), and all associated persons to notify their firms of proposed private securities transactions (PSTs), so firms can determine whether to limit or allow those activities to proceed. Certain OBAs and PSTs could potentially involve misconduct or create conflicts of interest that may expose both firms and customers to potential risks. The notifications required in the rules assist firms in identifying and determining how to mitigate those risks, including by placing conditions on, or prohibiting, participation in the proposed OBA or PST.5 "
Outside Business Activities and Private Securities Transactions | FINRA.org
The Outside Business Activities and Private Securities Transactions section of the 2017 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.www.finra.org
Employees are required to report outside business activities on an annual basis to maintain compliance checks. This is a requirement that all banks have in order to prevent hidden conflicts of interest. It has absolutely nothing to do with "political correctness". This guy violated the firm's compliance procedures.
I didn't suggest that it was political correctness. You are so blatantly dishonest that it's astoundingly pathetic.Eh? I didn't say otherwise. I was responding to trix's suggestion that it was political correctness and that we don't really know why they fired him. The text OP quoted didn't mention the legal requirement, but did quote the company as saying the guy violated their policy in that regard.
I didn't suggest that it was political correctness. You are so blatantly dishonest that it's astoundingly pathetic.
I asked above, "Is this just another case of political correctness run amok or was it a money making business? I guess we'll know soon enough."
If a company believes that a person's activities reflects badly on them they have every right to fire them or stop doing business with them. People bringing that to their attention is not the issue.
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