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Is it illegal for an account manager of a securities company to open an account in the name of his parents or wife for stock trading?
Violated the Securities Law of People's Republic of China (PRC).

According to Article 43 of the Securities Law of People's Republic of China (PRC), 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 are not allowed to hold, buy or sell stocks directly or under a pseudonym or in the name of others, or accept shares donated by others during their term of office or within the statutory time limit.

Directors, supervisors, senior managers and shareholders holding more than 5% of the shares of a listed company sell their shares of the company within six months after purchase, or buy them again within six months after sale. The proceeds shall be owned by the company, and the board of directors of the company shall recover the proceeds.

Securities bought and sold by the parties to a securities transaction must be issued and delivered according to law. It is forbidden to buy or sell securities that are not issued according to law. Stocks, corporate bonds and other securities issued in accordance with the law shall not be traded within a limited period if the transfer period is limited by law.

Extended data:

Zhang Gang, chief strategist of Southwest Securities, said that it is an international practice that securities practitioners can invest in stocks. This is in line with international standards. The "Eight Eight Curses" of fund managers are all reverse indicators. Don't be superstitious about professionals. Lehman Brothers and Bahrain Bank have both failed, and professional institutions are also fighting each other.

Mr. Wang, a brokerage analyst, believes that it is not a smart rule that securities practitioners cannot engage in stock trading. Almost every practitioner is engaged in stock trading with relatives' accounts. It's hard to imagine an account manager who doesn't trade stocks and answers countless trading questions for customers every day. Who can be convinced?

Baidu Encyclopedia-People's Republic of China (PRC) Securities Law

Phoenix. Com- Brokerage employees: We all use family accounts to trade stocks | Securities | Lift the ban.