1. Can fund practitioners trade stocks?
Fund practitioners can invest in securities. 20 13 The newly revised Fund Law issued the securities investment restrictions for fund employees for the first time. 1030 10 article 18 stipulates that directors, supervisors, senior managers and their employees of fund managers who offer funds publicly shall report the securities investment to the fund managers in advance and shall not have conflicts of interest with fund share holders. The fund manager of a publicly offered fund shall establish a management system for the declaration, registration, examination and disposal of securities investment by the personnel specified in the preceding paragraph, and report it to the the State Council Securities Regulatory Authority for the record. On February 20 13, 13 Fund Industry Association issued the Fund Law, which further clarified the requirements for the securities investment behavior of fund employees, guided the industry to do a good job in self-discipline of securities investment management of employees, and standardized the securities investment behavior of fund employees.
Two, the analysis of securities practitioners can not stock.
Article 43 of China's Securities Law clearly stipulates: "Employees of stock exchanges, securities companies, securities registration and settlement institutions, staff of securities supervision and administration institutions, and other personnel prohibited from participating in stock trading by laws and administrative regulations shall not hold, buy or sell stocks directly or in the name of others, or accept stocks donated by others during their term of office or within the statutory time limit." Article 233 of the Securities Law stipulates: "In case of violation of laws, administrative regulations or relevant provisions of the State Council securities regulatory authority, if the circumstances are serious, the State Council securities regulatory authority may take measures to prohibit the relevant responsible persons from entering the securities market. The prohibition of entry into the securities market mentioned in the preceding paragraph refers to the system that you are not allowed to engage in securities business or serve as a director, supervisor or senior manager of a listed company for a certain period of time until your life. "
To sum up, practitioners engaged in securities work are not allowed to speculate in stocks. In case of serious violation of relevant regulations, the China Securities Regulatory Commission may impose a market ban on the perpetrator. The purpose is not only to punish the illegal behavior of the actor, but also to rectify the order of the securities market and reduce the repeated and long-term infringement of the illegal behavior on the market.