Can party members invest in BTC
Party members and cadres can speculate in stocks, but they should not "violate the relevant regulations."
as for the focus of whether Party members and cadres can speculate in stocks, Article 88 of the regulations on disciplinary measures of the Communist Party of China clearly stipulates that those who violate the relevant regulations and engage in profit-making activities, and commit one of the following acts, if the circumstances are minor, shall be given a warning or a serious warning; If the circumstances are serious, he shall be punished by removing his post within the party or staying in the party for inspection; If the circumstances are serious, they shall be expelled from the party:
(1) those who engage in business and run enterprises
(2) holding shares or securities of non listed companies (enterprises); and (3) buying or selling stocks or investing in other securities (4) engaging in paid intermediary activities (5) a company registered outside the country or invested in shares (6) engaging in other profit-making activities in violation of relevant regulationsthose who take advantage of their power or position to seek benefits for the business activities of their spouses, children, their spouses and other relatives and other special related persons shall be dealt with in accordance with the provisions of the preceding paragraph
those who violate relevant regulations and take part-time jobs in economic entities, social organizations and other units, or who are approved to take part-time jobs but obtain extra benefits such as salary, bonus and allowance, shall be dealt with in accordance with the provisions of the first paragraph
< H2 > extended information:
party and government personnel's stock speculation should be prohibited
it can be seen from the "Several Provisions on personal securities investment behavior of Party and government personnel" that party and government personnel can buy and sell stocks and securities investment funds, but in addition to the national laws and regulations, when buying and selling stocks and securities investment funds, "Several Provisions on indivial securities investment behavior of Party and government staff" clearly forbids the following seven kinds of behavior< (1) to solicit or forcibly buy or sell stocks, solicit or resell warrants by taking advantage of the influence of power and position or other improper means< (2) trading stocks and securities investment funds directly or indirectly by using inside information, or making suggestions to others on trading stocks and securities investment funds< (3) trading or holding or trading in the name of others the stocks of listed companies within the jurisdiction of their direct business< (4) to purchase stock and securities investment funds by borrowing the public funds of their own units, or the funds of their management and service objects, or the funds of their subordinate units and indivials within their jurisdiction, or the funds of other units and indivials related to the exercise of their functions and powers< (5) raising funds in the name of units to buy and sell stocks and securities investment funds< (6) trading stocks and securities investment funds through working hours and office facilities< (7) other acts in violation of the securities law of the people's Republic of China and relevant laws and regulations
Party members can speculate in stocks. However, if Party members and cadres use their power to speculate in stocks, they will be punished. If Party members are practitioners in the securities instry, they are prohibited from trading stocks
according to Article 94 of the regulations of the Communist Party of China on disciplinary actions, those who engage in profit-making activities in violation of relevant provisions and commit one of the following acts, if the circumstances are minor, shall be given a warning or a serious warning; If the circumstances are serious, he shall be punished by removing his post within the party or staying in the party for inspection; If the circumstances are serious, they shall be expelled from the party:
(1) those who engage in business and run enterprises
(2) holding shares or securities of non listed companies (enterprises); and (3) buying or selling stocks or investing in other securities (4) engaging in paid intermediary activities (5) a company registered outside the country or invested in shares (6) engaging in other profit-making activities in violation of relevant regulationsusing the information obtained in the decision-making and examination and approval process of enterprise restructuring, private placement, merger and investment, land use right transfer, etc., buying and selling stocks, and making abnormal profits by purchasing trust procts, funds, etc. through the influence of authority or position, shall be dealt with in accordance with the provisions of the preceding paragraph. Those who, in violation of relevant regulations, take part-time jobs in economic or social organizations or other units, or who are approved to take part-time jobs but obtain extra benefits such as salary, bonus or allowance, shall be dealt with in accordance with the provisions of the first paragraph
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Article 41 of the securities law of the people's Republic of China the securities bought and sold by the parties to a securities transaction may be in paper form or other forms prescribed by the securities regulatory authority of the State Council
Article 43 employees of stock exchanges, securities companies, securities registration and settlement institutions, staff members of securities regulatory agencies and other personnel prohibited by laws and administrative regulations from participating in stock trading shall not hold or trade stocks directly or under an assumed name or in the name of others, or accept stocks presented by others ring their term of office or within the legal time limit. When a person becomes one of the persons listed in the preceding paragraph, the stocks he originally held must be transferred in accordance with the law
Party members can speculate in stocks, but some positions are not, as follows:
1. The competent authorities of listed companies and the competent authorities of state-owned holding units of listed companies who have inside information and their parents, spouses, children and spouses are not allowed to buy or sell the stocks of listed companies managed by the above competent authorities
The staff members of the securities regulatory agency of the State Council and its agencies, stock exchanges and futures exchanges, as well as their parents, spouses, children and their spouses, are not allowed to buy or sell stocks
3. My parents, spouse, children and their spouses work in securities companies and fund management companies, or in accounting (auditing) firms, law firms, investment consulting institutions, asset appraisal institutions and credit appraisal institutions with securities and futures qualification granted by the securities regulatory agency of the State Council,
these staff members of the party and government organs are not allowed to buy or sell shares of listed companies that have business relations with the above-mentioned institutions
4. Party and government staff who have inside information will continue to be subject to the regulation within three months after leaving their posts. Party and government functionaries who are in possession of inside information e to their new positions must deal with the stocks and securities investment funds they have held before taking office within one month after taking office, and may not continue to hold them
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History of regulations on Party members' purchase of shares:
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November 19 - "can party members and cadres buy and sell stocks and invest in securities in the future"? In response, the law and Regulation Office of the Central Commission for Discipline Inspection said in response to questions from netizens today that according to the provisions on indivial securities investment behavior of Party and government officials, four types of personnel are not allowed to buy or sell stocks
on October 18, 2015, the CPC Central Committee issued the code of integrity and self discipline of the Communist Party of China and the regulations on disciplinary actions of the Communist Party of China
in response to social concerns, strengthen the interpretation work, and promote the study and publicity of the "two regulations", the column of "reply to selected publications" on the website of the supervision department of the Central Commission for Discipline Inspection launched "authoritative Q & A of the" two regulations ", asking the regulation office of the Central Commission for Discipline Inspection to answer netizens' concerns one after another,
some netizens asked: according to Article 88 of the regulations on disciplinary actions of the Communist Party of China on "engaging in profit-making activities in violation of relevant regulations", are party members and cadres not allowed to buy or sell stocks or invest in securities in the future
in this regard, according to the regulations Office of the Central Commission for Discipline Inspection, Article 88 of the regulations on disciplinary action of the Communist Party of China is about the punishment of engaging in profit-making activities in violation of relevant regulations. Among them, item (3) lists "buying and selling stocks or investing in other securities" as one of the disciplinary violations< According to the regulations Office of the Central Commission for Discipline Inspection, the provisions of the original regulations have not been changed in the regulations on disciplinary actions of the Communist Party of China. Item (2) of Article 77 of the original regulations lists "indivials trading stocks or making other securities investment in violation of regulations" as one of the disciplinary violations, in which the expression of "violation of regulations" is repeated with the expression of "violation of relevant regulations" at the beginning of the first paragraph of the article. In the process of revision, in order to avoid the repeated deletion of "personal violation", the substance has not changed
on the issue of stock trading, the regulatory office of the Central Commission for Discipline Inspection said that it has gone through a process from prohibition to graal relaxation. In October 1993, the Party Central Committee and the State Council made a regulation that leading cadres of Party and government organs at or above the county level are not allowed to buy or sell stocks
under the historical condition that the national securities market supervision mechanism was not perfect at that time, this regulation played an important role in promoting the honesty and self-discipline of the leading cadres of the party and government organs and ensuring the healthy development of the securities market. With the graal improvement of China's securities regulatory system, especially the promulgation and implementation of the securities law, the management of the securities market is becoming more and more standardized< Therefore, in April 2001, the CPC Central Committee and the State Council decided to relax the regulations on the trading of stocks by leading cadres at or above the county level in party and government organs, and issued the regulations on the personal securities investment behavior of Party and government officials< According to this regulation, the following categories of personnel are not allowed to buy or sell stocks:
- personnel in charge of insider information and their parents, spouses, children and spouses in the competent departments of listed companies and state-owned holding units of listed companies are not allowed to buy or sell stocks of listed companies managed by the above competent departments
- staff members of the securities regulatory body of the State Council and its agencies, stock exchanges and futures exchanges, as well as their parents, spouses, children and spouses, are not allowed to buy or sell stocks
- my parents, spouse, children and their spouses work in securities companies and fund management companies, or in accounting (auditing) firms, law firms, investment consulting institutions, asset appraisal institutions and credit appraisal institutions with securities and futures qualification granted by the securities regulatory authority of the State Council, The staff members of the party and government organs shall not buy or sell the stocks of the listed companies that have business relations with the above-mentioned organizations
- party and government officials who have inside information will continue to be subject to the regulation within three months after leaving their posts. Party and government functionaries who are in possession of inside information e to their new positions must deal with the stocks and securities investment funds they have held before taking office within one month after taking office, and may not continue to hold them.
for equity crowdfunding, the more essential significance is to go out of the pure online financing service ecosystem, but to go offline in the way of "crowdfunding space" advocated by the State Council, combining online enterprise financing service display, fund crowdfunding with cultivation, guidance and support of offline entrepreneurial enterprise atmosphere, while focusing on online investor crowdfunding equity, On the one hand, we should pay attention to the cultivation of off-line start-ups. Relay national policies, Tencent's maker space has become the norm.
Party members and cadres may buy and sell stocks, but they shall abide by relevant laws and regulations. The following behaviors are strictly prohibited:
1. Trading stocks and securities investment funds by using working hours and office facilities
Second, use insider information to buy and sell stocks and securities investment funds directly or indirectly (3) trading or holding or trading the stocks of listed companies within the jurisdiction of their direct business in the name of others (4) to purchase stocks and securities investment funds by borrowing the public funds of the unit or the funds of the management and service objects Other behaviors in violation of the securities law of the people's Republic of China and relevant laws and regulations
extended information:
Article 88 of the regulations on disciplinary action of the Communist Party of China clearly stipulates that Article 88 of the regulations on disciplinary action of the Communist Party of China violates the relevant provisions in engaging in profit-making activities and commits one of the following acts. If the circumstances are minor, it shall be given a warning or a serious warning; If the circumstances are serious, he shall be punished by removing his post within the party or staying in the party for inspection; If the circumstances are serious, he shall be expelled from the party
those who take advantage of their power or position to seek benefits for the business activities of their spouses, children, their spouses and other relatives and other special related persons shall be dealt with in accordance with the provisions of the preceding paragraph
According to the relevant provisions, those who work part-time in economic entities, social organizations and other units, or who are approved to work part-time but obtain extra benefits such as salary, bonus and allowance, shall be dealt with in accordance with the provisions of the first paragraph