--- title: Exploring Legal Stock Preclearance description: Legal Stock Preclearance application keeps you in compliance with your organization's stock preclearance policy through automation of submission and approvals of preclearance requests. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/employee-service-management/legal-stock-preclearance/stock-preclearance-overview.html release: australia product: Legal Stock Preclearance classification: legal-stock-preclearance topic_type: concept last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Legal Stock Preclearance, Legal Service Delivery Practice Applications, Legal Service Delivery, Legal and Contract Operations, Employee Service Management] --- # Exploring Legal Stock Preclearance 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 of your organization on designation as an access person, such as directors and executives, must obtain the preclearance approval from the legal department before they can trade in securities of the organization. \[Omitted image "workflow-stock-preclearance.png"\] Alt text: Legal Stock Preclearance workflow. **Parent Topic:**[Legal Stock Preclearance](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/employee-service-management/legal-stock-preclearance/legal-stock-preclearance-landing-page.md)