Zhong Guo Jing Ji Wang·2025-05-05 07:51Core Viewpoint - The Shanghai Securities Regulatory Bureau has imposed administrative penalties on Qiu Mouzhen for violating the Securities Law by directly holding and trading stocks while being a securities practitioner [1][2][3] Group 1: Violation Details - Qiu Mouzhen held a securities account at GF Securities and conducted 862 transactions from December 2020 to November 2022, with a total buying amount of 1,934,848 yuan and a selling amount of 1,951,571.1 yuan, resulting in a total trading amount of 3,886,419.1 yuan and a profit of 51,083.08 yuan after taxes [1][8] - The Shanghai Securities Regulatory Bureau found sufficient evidence, including employment materials and transaction records, to confirm the violations [1][9] Group 2: Regulatory Findings - The regulatory body determined that Qiu's actions constituted a violation of Article 40 of the Securities Law, which prohibits securities practitioners from directly holding or trading stocks [2][9] - Qiu Mouzhen's claims regarding her lack of impact on the market and her personal investment gains were rejected, as they were deemed irrelevant to the violation [2][10] Group 3: Penalties Imposed - The Shanghai Securities Regulatory Bureau decided to confiscate the illegal gains of 51,083.08 yuan and impose a fine of 50,000 yuan on Qiu Mouzhen [3][12] - Qiu has 15 days to pay the fine and can appeal the decision within 60 days [12]