1. Can a Government servant speculate in shares and stock Futures in India ?


Question:
2. What are the consequences he shall face (departmental, legal and others)for speculating in shares and futures?
3. what are the limitations of the first holder in a joint share trade account held by two persons?
4. Will the act of the second holder (speculating in shares) in a joint share trade account with two persons affect the first holder (who is a govt.servant)? If so, to what extent? and in what aspects?
As an individual you can buy and sell shares. But not directly in your name or as a joint holder of speculating business. Punishment is, warning, serve notice, departmental enquiry, suspension, and finally dismiss order.

But do not ask me how others are doing ?
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