Can public officials trade stocks?
Public officials can trade stocks. Generally speaking, the age of stock trading is limited. For example, minors are not allowed to trade stocks because they are very young and have no financial resources, and the risk of trading stocks is relatively high. Generally, minors are of school age, spending their parents' money and can't speculate in stocks.
However, it should be noted that according to the relevant regulations, investors aged 16 to 18 need to provide proof of income before they can open an account in the sales department. Investors below 16 cannot open securities accounts, so minors above 16 and below 18 are not allowed to trade stocks, and minors below 16 are not allowed to trade stocks.
Can the staff of public institutions trade stocks?
The staffing of public institutions can be used for stock trading. Generally speaking, insiders of insider information of securities trading are also not allowed to speculate in stocks. For example, the parents, spouses, children and spouses of the competent departments of listed companies and state-owned holding units of listed companies who have inside information may not buy or sell the shares of listed companies managed by the above-mentioned competent departments.
Secondly, the staff of the State Council securities regulatory agencies and their dispatched offices, stock exchanges and futures exchanges, their parents, spouses, children and their spouses are not allowed to buy or sell stocks. My parents, spouse, children and their spouses work in securities companies and fund management companies.
Or employed by an accountant (auditing) firm, law firm and other institutions with securities and futures qualifications granted by the securities regulatory authority of the State Council. These party and government officials are not allowed to buy or sell shares of listed companies that have business relations with these institutions. Party and government officials who have inside information will still be bound by this regulation within three months after leaving office.
Generally speaking, directors, supervisors, senior managers, personnel who can obtain inside information of the company in any company position, sponsors, underwriting securities companies, stock exchanges, securities registration and settlement institutions, securities service institutions and other relevant personnel of an issuer are not allowed to buy or sell stocks.