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Can party members and cadres buy and sell stocks?

If you want to know more about it, please read: Several Provisions on the Personal Securities Investment Behavior of Party and Government Staff (April 3, 2001) Article 1 is to regulate the securities investment behavior of Party and Government Staff and promote the integrity of Party and Government Staff

Self-discipline, strengthen the construction of party style and clean government, and promote the healthy development of the securities market, these regulations are formulated.

Article 2 The personal securities investment behavior of party and government agency staff as mentioned in these regulations refers to the behavior of party and government agency staff investing their legal property in the securities market in a legal manner and buying and selling stocks and securities investment funds.

Article 3 Individual staff members of party and government agencies may buy and sell stocks and securities investment funds.

When buying and selling stocks and securities investment funds, you must abide by relevant laws and regulations, and the following behaviors are strictly prohibited: (1) Taking advantage of your authority, positional influence, or using other improper means to solicit or force the purchase of stocks, solicit or resell subscriptions;

Equity certificates; (2) Using inside information to directly or indirectly buy and sell stocks and securities investment funds, or making suggestions to others for buying and selling stocks and securities investment funds; (3) Buying and selling, or holding or buying and selling in the name of others within the scope of its direct business jurisdiction

(4) Borrow the public funds of the unit, or borrow the funds of management and service objects, or borrow the funds of subordinate units and individuals within the scope of management, or borrow the funds of other units and individuals related to the exercise of their powers.

funds to purchase stocks and securities investment funds; (5) Raising funds to buy and sell stocks and securities investment funds in the name of the unit; (6) Using working hours and office facilities to buy and sell stocks and securities investment funds; (7) Other violations of the "People's Revolution of the People's Republic of China"

and the Securities Law of the People's Republic of China and related laws and regulations.

Article 4 Personnel who have inside information from the competent departments of listed companies and the competent departments of state-owned holding units of listed companies, as well as 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.

Article 5 The 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 If my parents, spouse, children and their spouses work in securities companies or fund management companies, or in accounting (auditing) firms, law firms, investment firms that have been granted securities and futures qualifications by the securities regulatory authority of the State Council,

If they serve in consulting agencies, asset appraisal agencies, or credit rating agencies, staff of the party and government agencies shall not buy or sell votes of listed companies that have business relationships with the above-mentioned agencies.

Article 7 Staff members of party and government agencies who possess inside information will continue to be bound by these regulations after 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.

Article 8 All comprehensive economic management departments and industry management departments shall, based on the nature of their work, make restrictive regulations on the behavior of their staff members entering the securities market and report them to the Central Commission for Discipline Inspection and the Ministry of Supervision for filing.

Article 9 Staff members of party and government agencies who violate these regulations shall be given party disciplinary sanctions, administrative sanctions or other disciplinary sanctions; if they are suspected of committing a crime, they shall be transferred to judicial organs for handling according to law.

Any illegal gains shall be confiscated.

Article 10 The term "staff of party and government organs" as mentioned in these regulations refers to the staff of party organs, people's congress organs, administrative organs, CPPCC organs, judicial organs, and procuratorial organs.

Public institutions managed in accordance with the civil service system, enterprises and institutions with administrative management functions and administrative law enforcement functions, as well as staff of mass organizations such as trade unions, Communist Youth League, Women's Federation, Federation of Literary and Art Circles, Writers Association, Science and Technology Association; Party members at all levels

This provision shall apply to staff in public institutions affiliated with government agencies, trade unions, the Communist Youth League, the Women's Federation, the Federation of Literary and Art Circles, the Writers' Association, the Association for Science and Technology and other mass organizations.

Article 11 In addition to the buying and selling of stocks and securities investment funds, these regulations shall apply to the buying and selling of other stock securities and their derivatives.

Article 12 The Central Commission for Discipline Inspection and the Ministry of Supervision of the Communist Party of China are responsible for the interpretation of these regulations.

Article 13 These regulations shall come into effect on the date of promulgation.

Before the promulgation of these regulations, party and government officials who took advantage of their powers or the influence of their positions to purchase or accept "original shares", as well as other acts of buying and selling stocks in violation of the regulations at the time, shall continue to be investigated and punished in accordance with the original regulations.