On February 28th, 65438, Hebei Securities Regulatory Bureau issued a decision on administrative punishment, which showed that Jin, a researcher of changjiang securities Research Institute, obtained undisclosed information about a stock, informed his father and directed the transaction, and the cumulative transaction was 4 1 1060 yuan.
Securities practitioners are not allowed to trade stocks, but family members are not explicitly prohibited from engaging in securities trading. Therefore, the punishment for gold in this supervision is based on the "Regulations on Integrity of Securities and Futures Operating Institutions and Their Staff". In the end, Zou was given a warning and fined 30 thousand yuan.
Look at the details-
1992, researchers learned "unique information"
According to the investigation, Jin has been a researcher of changjiang securities Co., Ltd. and a securities practitioner of changjiang securities since June 20 19.
According to the data, Jin works in changjiang securities and belongs to the metal research team. His research direction is non-ferrous metals. He is a researcher in iron and steel nonferrous industry and has 2 years of research experience in iron and steel nonferrous industry. Jin holds a bachelor's degree in engineering from Wuhan University of Technology and a master's degree in materials science from Carnegie Mellon University, in charge of nonferrous metals.
It is worth mentioning that the gold team has been ranked in the new wealth selection list for many years. According to public information, changjiang securities won the first place in the research field of "metal and new metal materials" in the selection of the best analyst of New Fortune from 2065438+09 to 2022.
According to the investigation by the regulatory authorities, Jin knew Xu Mohang, the manager of Public Offering of Fund, because of his working relationship. 202 1 During the period from April to April 30, 2005, Kim took advantage of roadshows, surveys and other activities with Xu Mouhang to learn about the undisclosed information of the fund of "Jinhong Group" from Xu Mouhang.
The close relationship between the seller's research and the fund's public offering does easily lead to the transmission of undisclosed information. So, what exactly does "undisclosed information" mean? The supervision has not been announced yet. But for fund managers, they are responsible for the specific operation and investment of the fund, and they are naturally familiar with the plan, timing and trading ratio of the fund trading related stocks. Once the related operations of individual stocks are disclosed, it is easy to form "undisclosed information" disclosure.
After Kim got the news, he informed his father about the situation and instructed his father to use his own funds to trade "Jinyu Group" through his father's own account, with a total turnover of 4 1 1.06 million yuan.
Be punished for violating the rules of honest practice.
Securities practitioners are not allowed to trade stocks, but family members are not explicitly prohibited from engaging in securities trading. Therefore, the reason for this punishment is not that securities practitioners illegally speculate in stocks, but the "Regulations on the Integrity of Securities and Futures Operating Institutions and Their Staff".
According to the Regulations on Honesty, the staff of securities and futures institutions shall not directly or indirectly use insider information, undisclosed information, business secrets and customer information provided or actively obtained by others to seek benefits.
The Hebei Securities Regulatory Bureau pointed out that Jin's behavior violated the above provisions of the "Clean Government Regulations". According to the facts, nature, circumstances and social harm of the parties' illegal acts, Hebei Securities Regulatory Bureau decided to give Jin a warning and impose a fine of 30,000 yuan.
At present, in the information disclosure of the employees of the China Securities Association, the information of Jin's employment has been unable to be inquired.
In August this year, China Securities Industry Association issued a document calling for strengthening the self-discipline management of securities analysts' participation in external selection. It is mentioned that securities firms should strengthen the management of securities analysts who participate in external selection and carefully examine the qualifications of participants.
If an analyst is punished by the China Securities Regulatory Commission for violating laws and regulations, taken by the China Securities Regulatory Commission for administrative supervision measures or filed for investigation, or taken by the Association for written self-discipline management measures after registration until the selection results are announced, the institution to which the analyst belongs shall inform the selection organizer on the day when it knows the above situation, and put forward suggestions to the selection organizer to terminate the relevant analysts and their participating teams to continue participating in the evaluation; Analysts are subject to the above treatment or investigation before the end of this year after the selection results are announced. The institution where the analyst works shall inform the selection organizer on the day when it is informed of the above situation, and put forward suggestions to the selection organizer to cancel the awards won by the relevant analysts and their participating teams in that year.
In addition, securities practitioners who have been punished for using relatives' accounts for stock trading this year have also emerged one after another. On February 6, 65438, the information of administrative punishment disclosed by Shenzhen Securities Regulatory Bureau showed that Wang Moudi, a former employee of Guosen Securities, controlled the use of his mother's and spouse's securities accounts, which accumulated nearly 25 million yuan in two and a half years and eventually lost 220,000 yuan. At the end of February 2022, Wang Modi was suspended from his post and was fined 50,000 yuan by Shenzhen Securities Regulatory Bureau.
Similarly, last month, Shenzhen Securities Regulatory Bureau also disclosed that two former investors of Guohai Securities borrowed other people's accounts to illegally speculate in stocks. Among them, Li Mouyi used the father, mother and spouse account group to make a total transaction of 6,543,808+0,832,460 yuan and a profit of 6,543,800,800 yuan; Lei Mouqing controlled the use of classmates' accounts, with a total turnover of 23 1.97 million yuan and a profit of 0.70 million yuan. In the end, both of them are "one penalty without one penalty".