Can a Government Servant do Index Future, Option Buy /Sell trading?
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Can Govt servant do option buying selling and futures trading
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NO. as per the Central Civil Services (Conduct) Rules, 1964.
35(1) No Government servant shall speculate in any stock, share or other investment: Provided that nothing in this sub-rule shall apply to occasional investments made through stockbrokers or other persons duly authorized and licensed or who have obtained a certificate of registration under the relevant law.
Explanation - Frequent purchase or sale or both, of shares, securities or other investments shall be deemed to be speculation within the meaning of this sub-rule.
They can do shares investment or even Mutual Funds investment; but no trading.
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