Section 33(1) in Life Insurance Corporation of India (Staff) Rules, 1960
(1)No employee shall speculate in any investment.Explanation: Habitual purchase or sale of securities of notoriously fluctuating values shall be deemed to be speculation in investment within the meanings of this [sub-rule] [Substituted 'sub-regulation' by Notification No. G.S.R. 459(E), dated 30.6.2021 (w.e.f. 23.7.1960).].
