The main feature of these typical cases is that they know how to use the Internet and take advantage of people's selfish desires to defraud more money.

The Supreme People's Procuratorate, the Supreme People's Court, the Ministry of Public Security and the China Securities Regulatory Commission *** jointly issued the "Notice on Issuing Typical Cases of Strictly Cracking Down on Securities Crimes in accordance with the Law", *** selected 5 typical securities cases case, and called on all relevant units to make full use of their respective functions, strengthen coordination and cooperation, and provide guarantee for the creation of a good capital market ecosystem by severely cracking down on securities violations in accordance with the law.

In these five typical cases, some companies not only have legal liability for financial fraud and illegal disclosures, but also have to investigate the inspection agencies that failed to perform their "gatekeeper" duties; some companies It is through the joint efforts of multiple places and units that we have fully unearthed all the clues of the case; some of the executioners have been fully prosecuted to ensure the legitimate rights and interests of investors, which reflects the judicial attitude of severely punishing illegal behavior of securities pledges and pursuing accountability throughout the chain.

In addition, this case also highlights the confidentiality and loyalty obligations of financial industry practitioners in accordance with the law. When performing their duties, staff of financial institutions such as funds, banks, insurances, and securities firms must perform confidentiality and integrity duties in accordance with relevant regulations such as the Commercial Banking Law, Securities Law, Insurance Law, and Securities Investment Fund Law, and must not disclose undisclosed information. Disclosed to any third party, nor may undisclosed material be used for profit. Touching or crossing any of the above are violations of the criminal law. The case of Zheng Moumou breaking a contract, extorting the interests of a listed company, and manipulating the securities market? refers to the accurate understanding of the nature of infringing the interests of a listed company on schedule, violating loyalties, and conveying the interests of a listed company to individuals or other units during the investigation process of the case. In the case of Message's manipulation of securities, factors such as Message's Message manipulation method, securities transaction price, transaction volume, and the severity of the situation must be comprehensively considered. In addition, this case also highlights the role of my country's financial regulatory authorities in insisting on punishing according to law, increasing the cost of violation, and cracking down on illegal securities. Generally speaking, the main feature of these typical cases is financial crimes, and they also remind our vast number of netizens not to engage in illegal crimes.