At least 11 local securities regulatory bureaus have successively announced this year’s first administrative penalty decisions (hereinafter referred to as “fines”). At the same time, many securities regulatorybureaus issued multiple fines.
The fines mostly focus on information disclosure violations, insider trading, etc. In addition, securities violations in special fields such as borrowing other people's securities accounts to engage in securities transactions, illegal stock trading by securities practitioners, and violations of private equity regulations will also be punished.