1. Illegal engagement in securities investment consulting business;

2. Publishing false research reports and spreading false information;

3. Illegal engagement in securities brokerage business.

Legal basis:

Article 182 of the "Criminal Law of the People's Republic of China" has one of the following circumstances, manipulating the securities and futures markets and affecting securities and futures If the circumstances are serious, the person shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and concurrently or solely with a fine; if the circumstances are particularly serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and concurrently to a fine:

(1) Individually or in collusion, concentrating capital advantages, shareholding or position advantages, or taking advantage of information advantages to jointly or continuously trade;

(2) Colluding with others, at a pre-agreed time Conducting securities and futures transactions with each other at different prices, prices and methods;

(3) Conducting securities transactions between accounts actually controlled by oneself, or using oneself as the trading object, buying and selling futures contracts by oneself;< /p>

(4) Frequently or in large quantities making declarations to buy or sell securities or futures contracts without the purpose of completing transactions and canceling the declarations;

(5) Making use of false or uncertain material information information to induce investors to conduct securities and futures transactions;

(6) Make public evaluations, predictions or investment suggestions for securities, securities issuers, and futures trading targets, and at the same time conduct reverse securities transactions or related futures Trading;

(7) Manipulating securities and futures markets by other methods.

If a unit commits the crime in the preceding paragraph, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.