The ccdi four such party staff from buying and selling stocks

The ccdi: four such party staff from buying and selling stocks

Photo: network

“Party members can not stock” issue, Director of the Central Commission for discipline inspection regulations Ma Senshu November 2 clear information held inside party and Government organs of four types of personnel, including staff cannot be bought or sold stock.

On October 18, 2015, the CPC Central Committee issued the code of self-discipline of the CPC and the Communist Party disciplinary regulations. The two party papers known as “the most strict party discipline”. Stocks in particular on whether the party can file the relevant provisions but also aroused wide attention from both inside and outside the party.

On November 2, the Central discipline Inspection Department website was invited to participate in the drafting of regulations within the party’s Director of the Central Commission for discipline inspection regulations the Marston, netizens are concerned the interpretation of the related issues in detail in regulations.

Party members also can stock issues, Ma Senshu said after the publication of two regulations, we have also noted in the community, including the network, causing the majority of party members and the masses of hot. A certain sense, this is also a good sign. This shows that everyone on board the party, strictly administering the party is in charge of the party’s attention, shows people’s awareness of Constitution Party rules. Meanwhile, Internet users also help to further promote the question from different angles according to the rules the party. Commission s own anti corruption clean house multiple

Ma Senshu also notes that Internet users about whether the party can stock hot. He said 88th is about violation of the relevant provisions of the Ordinance in for-profit activities disposition provisions of the Act. Among them, the 3rd “sale of stock or other securities investment” was listed as one of indiscipline.

In this regard, Ma Senshu further explained that, first of all here is to be clear, the regulation does not alter the provisions of the Ordinance. The original Ordinance provides, 77th 2nd “personal violations of selling stock” is one of the disciplinary case, beginning with the first paragraph of this article provides “violating relevant regulations” there were repeated in words. Amendment, we just removed from the legislation the “violation” this content, does not alter the provisions of the Ordinance.

Ma Senshu memories, on the sale of stock issues, we go through a transition from prohibition to a gradual liberalization process. In October 1993, on the party and Government organs to the Party Central Committee and the State Council County (branch) provisions-level leading cadres are not allowed to buy and sell stocks. At that time in our country’s securities market under the historical conditions of supervision mechanism is not perfect, this provision for the promotion of party and Government leading cadres ‘ honesty and self-discipline, and ensure the healthy development of the securities market has played a very important role.

He along with China’s securities regulatory system has a sound, in particular the promulgation of the securities law, securities market supervision and management more and more standardized. To this end, in April 2001, the Party Central Committee and the State Council decided to relax restrictions on the sale of shares of party staff, issued a circular on party workers ‘ individual investment behavior of securities regulations.

According to the above regulations, Ma Senshu said the following categories of people cannot be bought or sold stocks:

Is a listed company’s departments as well as State-controlled listed companies of insider information available to the competent authority and its parents, spouses, children and their spouses, are not allowed to sell stock management of the listed companies by the competent departments.

Second, the securities regulatory body under the State Council and its agencies, stock exchange and Futures Exchange staff and parents, spouses, children and their spouses, are not allowed to buy and sell stocks.

Three is I of parents, and spouse, and children and spouse in securities company, and fund management company served of, or in by state securities supervision management institutions grant Securities Futures practitioners qualification of accounting (audit) Division firm, and lawyer firm, and investment advisory institutions, and assets assessment institutions, and funding letter assessment institutions served of, these party staff shall not sale and above institutions has business relationship of listed company of stock.

Four are party staff members have insider information, leave his post within three months, continue to be subject to the provisions of. Due to the new functions and party staff members have insider information, service before equity holdings and securities investment funds must be made within one month of service, shall not continue to hold.

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