Civil servants can trade in stocks.
The Central Commission for Discipline Inspection has clearly informed that party members and cadres can engage in legitimate securities trading activities, which means that civil servants can engage in stock trading. Securities are an important component of the national economy, and civil servants’ securities investment (including stock trading) also supports national construction.
Of course, the state has also set some red lines for civil servants to invest in securities, and these red lines cannot be crossed. In addition, there are four special groups of people who cannot trade in stocks.
In order to further standardize the securities investment behavior of civil servants, the state has drawn red lines: illegal receipt and delivery of securities and equity; illegal possession of unlisted shares; illegal overseas investment and shareholding; insider trading or leakage of inside information; public funds Or illegally borrowing funds to speculate in stocks; concealing personal shareholdings.
Four types of special groups cannot trade in stocks
People in charge of listed companies, the competent authorities of state-owned holding units under listed companies who have inside information, as well as parents, spouses, children and their spouses cannot buy The shares of the listed company.
Staff of the securities regulatory agencies and dispatched agencies of the State Council and their dispatched agencies, stock exchanges and futures exchanges, as well as their parents, spouses, children and their spouses are not allowed to buy or sell stocks.
Employees who work in securities companies, fund management companies, or in accounting firms, law firms, investment consulting agencies, asset assessment agencies, and credit assessment agencies that have been granted securities and futures qualifications by the securities regulatory authority of the State Council. Parents, spouses, children and their spouses are not allowed to buy or sell stocks of listed companies that have business relationships with the above-mentioned institutions.
Staff in party and government agencies who possess inside information are still restricted from leaving their posts for three months. For party and government agency staff who have inside information due to their new position, the stocks and securities investment funds held before taking office must be disposed of within one month after taking office and may not be continued to be held.