PANews|5月 24, 2026 06:56
[Securities Practitioner Trades Stocks Using Others' Accounts, Loses 4.76 Million Yuan Over 19 Years Instead of Profiting]
According to a report by CaiLian News, the Tianjin Securities Regulatory Bureau disclosed an administrative penalty decision. Securities practitioner Chi Wei, due to a 19-year-long practice of trading stocks using others' securities accounts, not only accumulated losses amounting to 4.7621 million yuan but also received a regulatory fine of 250,000 yuan. The regulatory authorities determined that his actions violated securities laws prohibiting securities practitioners from directly or indirectly holding or trading stocks under pseudonyms or in others' names, constituting illegal behavior. Based on the facts, nature, circumstances, and social harm of the violation, the Tianjin Securities Regulatory Bureau ultimately decided to impose a fine of 250,000 yuan on Chi Wei.
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