Staff of securities companies are prohibited from buying and selling stocks.

According to the "Securities Law of the People's Republic of China"

Article 43 Employees of stock exchanges, securities companies and securities registration and clearing institutions, and securities regulatory agencies Staff members and other personnel prohibited from participating in stock transactions by laws and administrative regulations may not hold, buy or sell stocks directly or under a pseudonym or in the name of others during their term of office or within the statutory period, nor may they accept stocks donated by others.

When any person becomes a person listed in the preceding paragraph, the stocks he originally held must be transferred in accordance with the law.

Extended information:

There are mainly the following categories of personnel who are not allowed to buy and sell stocks:

First, the competent departments of listed companies and the supervisors of state-owned holding units of listed companies Personnel in the department who possess inside information and their parents, spouses, children and their spouses are not allowed to buy or sell the stocks of listed companies managed by the above-mentioned competent departments.

Second, staff of the State Council’s securities regulatory agency 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.

Third, my parents, spouse, children and their spouses work in securities companies, fund management companies, or in accounting (auditing) firms that have been granted securities and futures qualifications by the Securities Regulatory Authority of the State Council. Those who work in law firms, investment consulting agencies, asset appraisal agencies, and credit rating agencies shall not buy or sell the stocks of listed companies that have business relationships with the above-mentioned agencies.

Fourth, party and government agency staff who possess inside information will continue to be bound by this provision within three months of leaving their posts. 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.

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