Is it illegal to sell securities accounts?

It is illegal to sell securities accounts. Securities account is an important tool for stock investment, including stock trading, stock transfer and stock holding. Individuals or institutions need to follow the securities laws and regulations when purchasing securities accounts, but some people or institutions will buy and sell securities accounts privately in order to gain illegitimate interests.

This act of selling securities accounts violates securities laws and regulations. Specifically, this behavior may involve the following illegal acts:

1. violates the regulations for opening a securities account. It is required to open a securities account with a securities company or bank as required. Buying and selling securities accounts without permission bypasses this provision and violates the provisions on opening securities accounts.

2. Violation of securities trading regulations. Securities account is an important tool for stock trading. Buying and selling securities accounts without permission may involve illegal securities transactions, such as insider trading.

3. Violation of personal information protection regulations. Securities accounts involve sensitive information such as personal identity information and property information. Buying and selling securities accounts without permission may reveal personal information, which violates the provisions on the protection of personal information.

4. Violation of anti-money laundering laws and regulations. Buying and selling securities accounts without permission may involve money laundering and other illegal acts, which violates anti-money laundering regulations.

Therefore, it is illegal to sell securities accounts, which may involve many illegal acts.