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of <h1>Securities Board Regulation 63 bans employees from commercial activities, insurance agency roles, and managing joint stock companies.</h1> Regulation 63 of the Securities and Exchange Board of India (Employees' Service) Regulations, 2001 prohibits employees from engaging in commercial business activities, either personally or as an agent for others. Employees are also restricted from acting as agents for insurance companies or being involved in the formation or management of joint stock companies. Additionally, any employee who canvasses in support of a business related to insurance or commission agency managed by a family member is considered to be in violation of this regulation.
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