Is the control of the stock account of the family members of employees becoming stricter? Some brokers have issued a notice: employees' spouses and parents are not allowed to have stock accounts at external brokers

On April 28, the reporter learned that a securities firm in East China recently issued a notice saying that before the end of June this year, the company's other employees' spouses, parents and other interested parties need to close their stock accounts or transfer them to the company's business department, and may not have stock accounts in external securities firms. It is understood that before, it was a routine operation in the securities industry to require employees to declare the relevant information of their family members' securities accounts. However, many securities firms in the industry do not require employees to transfer their family members' accounts to the company's business department. In recent years, many securities practitioners have been punished for using their relatives' accounts to speculate in stocks. The current strict control of the stock accounts of employees' family members by some brokerages may suggest that the industry is showing signs of stricter supervision of employees' use of family accounts for illegal operations.