Civil servants buying and selling stocks in violation of regulations, that is, violating regulations and buying and selling stocks, and the circumstances are relatively minor.

The subject of this disciplinary violation is a special subject, which refers to the "Securities Law" and the "Several Provisions on the Personal Securities Investment Behavior of Party and Government Organ Staff" issued by the General Office of the Central Committee and the General Office of the State Council in April 2001. (hereinafter referred to as "Several Provisions") are party members who are prohibited from buying and selling stocks. The objects of violation include stocks, other stock securities and their derivatives.

Among them, Article 73 of the Securities Law stipulates that insiders of securities trading insider information and persons who illegally obtain inside information are prohibited from using inside information to engage in securities trading activities.

In addition, Article 4 of the "Several Provisions" stipulates: "Persons who possess inside information in the competent departments of listed companies and the competent departments of state-owned holding units of listed companies and their parents, spouses, children and their Spouses are not allowed to buy or sell stocks of listed companies managed by the above-mentioned competent authorities."

Article 5 stipulates: "Staff of the securities regulatory agency of the State Council and its dispatched offices, stock exchanges and futures exchanges, as well as their parents, spouses, children and their spouses, are not allowed to buy or sell stocks."

Article 6 stipulates: “My parents, spouse, children and their spouses work in securities companies, fund management companies, or accountants (auditors) who have been granted securities and futures qualifications by the Securities Regulatory Authority of the State Council. ) who work in a law firm, law firm, investment consulting agency, asset appraisal agency, or credit rating agency, the staff of the party and government agency shall not buy or sell the stocks of listed companies that have business relationships with the above-mentioned institutions."

Article 7 stipulates: "Workers of party and government agencies who have inside information shall continue to be bound by these regulations within three months of leaving their posts. Party and government agency staff who have inside information due to their new appointment shall For personnel, stocks and securities investment funds held before taking office must be disposed of within one month after taking office and shall not be continued to be held."

Extended information:

"Securities Law" 》Article 74 clearly states that "insiders of inside information about securities transactions" are the following persons:

1. Directors, supervisors, and senior managers of the issuer;

2. Shareholders holding more than 5% of the company's shares and their directors, supervisors, and senior managers, the company's actual controllers and their directors, supervisors, and senior managers;

3. Companies controlled by the issuer and its directors, supervisors, and senior managers;

4. Persons who have access to relevant inside information of the company due to their company positions;

5. Staff of securities regulatory agencies and personnel due to their positions in the company; Other personnel with legal responsibilities to manage the issuance and trading of securities;

6. Relevant personnel of sponsors, underwriting securities companies, stock exchanges, securities registration and clearing institutions, and securities service institutions;

7. Other persons specified by the securities regulatory authority of the State Council.

Baidu Encyclopedia - Securities Law of the People's Republic of China