Can untrustworthy people trade stocks?

Untrustworthy people can trade stocks. A faithless person should be able to open a stock trading account, but may not be able to open a credit account. Because the untrustworthy person only has problems with credit information and does not involve financial disputes, it is no problem to open an account for stock trading, but it may not be possible to open margin financing and securities lending business. People with high consumption restrictions will only be restricted in terms of loans, high-speed rail and airplanes, and other aspects will not be restricted. Stock account, bank account, fund account, etc. It can be used normally and the stock can be traded.

Those who are included in the list of people who have been executed for breach of trust will be punished, restricted or banned by credit in government procurement, bidding, administrative examination and approval, government support, financing and credit, market access and qualification identification. "Several Provisions of the Supreme People's Court Municipality on Restricting the High Consumption of the Executed Person" If the executed person is a natural person, he shall not spend high in star-rated hotels, hotels, nightclubs, golf courses and other places after being restricted from high consumption, and shall not buy vehicles that are not necessary for business; If the person subjected to execution is a unit, after the high consumption is restricted, the person subjected to execution, his legal representative, the principal responsible person and the person directly responsible for debt performance shall not use the property of the person subjected to execution. As long as the judgment is automatically executed, you can apply to be removed from the list without affecting your future life.

Legal basis: Article 2 of "Several Provisions of the Supreme People's Court Municipality on Publishing the Information of the List of Executed Persons with Dishonesty".

If the person subjected to execution has the circumstances specified in Items 2 to 6 of Article 1 of these Provisions, the time limit for inclusion in the list of persons subjected to execution without trust shall be two years. If the person subjected to execution obstructs or resists execution by means of violence or threats, or if the circumstances are serious or he has repeatedly broken his promise, it may be extended for one to three years.

If the person subjected to execution voluntarily performs the obligations specified in the effective legal documents or actively corrects the dishonesty, the people's court may rule to delete the dishonesty information in advance.