Share deals fine for some
THE Party’s ban on share trading will not apply to all 88 million of its members, an official with the discipline watchdog said yesterday.
The Party listed stock trading and other types of investments as violating Party rules in an effort to stop its members from engaging in corrupt practices.
However, the ban on share trading applies only to certain people, said Ma Senshu with the Party’s Central Commission for Discipline Inspection.
According to a regulation adopted in 2001, trading by those working for the security watchdog, stock or futures exchange shall be limited. Their parents, spouses and children shall be restricted as well.
The Party’s Central Committee last month adopted new rules on members’ behavior to support its anti-corruption drive.
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