Why the Indian Government keeps its employees from trading in the stock markets. 🤔🤔
A must-read thread! 🧵(1/5)
#government #StockMarket
A must-read thread! 🧵(1/5)
#government #StockMarket
Read the first tweet again.
Employees are discouraged from engaging in the "speculative buying and selling of shares".
Thus trading is outlawed, investing isn't.😋(2/5)
Employees are discouraged from engaging in the "speculative buying and selling of shares".
Thus trading is outlawed, investing isn't.😋(2/5)
👉Speculative trading comes at a benefit to said employees as they might possess insider information about the concerned shares.
👉They might also earn undue influence on companies during the ordinary discharge of their duties. (3/5)
👉They might also earn undue influence on companies during the ordinary discharge of their duties. (3/5)
These rules are specified in the Central Civil Services (Conduct) Rules, 1964. (4/5)
So, if you are a government employee who wants to trade or just someone who is curious to find out ‘aisi nainsafi kyu’, follow the link. (5/5)
blog.finology.in/Legal-news/gov…
blog.finology.in/Legal-news/gov…
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