Legal basis: some provisions on personal securities investment behavior of party and government organs.
Article 3 Staff of party and government organs may buy and sell stocks and securities investment funds. The trading of stocks and securities investment funds shall comply with the provisions of relevant laws and regulations, and the following acts are strictly prohibited:
(1) extorting or forcibly buying or selling stocks, soliciting or reselling warrants by taking advantage of the influence of authority or position or by other improper means.
(2) directly or indirectly buying and selling stocks and securities investment funds by using inside information, or providing suggestions for buying and selling stocks and securities investment funds to others;
(3) buying and selling stocks of listed companies within its direct business jurisdiction, or holding or buying and selling stocks in the name of others;
(4) Borrowing the public funds of the unit, or borrowing the funds of the objects of management and service, or borrowing the funds of subordinate units and individuals within the competent scope, or borrowing the funds of other units and individuals related to exercising their functions and powers to purchase stocks and securities investment funds;
(five) in the name of the unit to raise funds to buy and sell stocks and securities investment funds;
(six) the use of working hours and office convenience to buy and sell stocks and securities investment funds;
(seven) other acts in violation of the Securities Law of People's Republic of China (PRC) and other relevant laws and regulations.
Article 4 The competent departments of listed companies and the heads of state-owned holding units of listed companies, their parents, spouses, children and their spouses who have inside information shall not buy or sell the shares of listed companies managed by the above-mentioned competent departments.