


Core Viewpoint - The Anhui Securities Regulatory Bureau has imposed administrative penalties on Li Haipeng, a senior manager at CITIC Securities, for insider trading using undisclosed information related to a fund managed by CITIC Securities [1][5]. Group 1: Violation Details - Li Haipeng had access to undisclosed information regarding a fund established on April 24, 2015, and utilized this information for trading from November 1, 2019, to February 21, 2023 [2]. - During the investigation period, Li Haipeng controlled a trading account group that executed trades based on the undisclosed information, resulting in a total trading amount of 64.84 million yuan, with 29.00 million yuan linked to the fund's trading activities [2][3]. - The regulatory body found sufficient evidence, including account records and communication logs, to confirm that Li Haipeng engaged in insider trading, despite his claims to the contrary [4][9]. Group 2: Regulatory Response - The Anhui Securities Regulatory Bureau rejected Li Haipeng's defense arguments, stating that the evidence clearly indicated his intent to trade based on undisclosed information [4][10]. - As a result of the violations, Li Haipeng was ordered to forfeit illegal gains amounting to 2,131,370.21 yuan and was fined the same amount [5][10]. - Li Haipeng has the right to appeal the decision within 60 days or seek administrative review, but the penalty will remain in effect during this period [6][10].