Shen Zhen Shang Bao·2025-06-04 18:03Core Viewpoint - The Anhui Securities Regulatory Bureau has imposed administrative penalties on a staff member of CITIC Securities for engaging in "rat trading," resulting in the confiscation of illegal gains and fines totaling 213.14 million yuan [2][3]. Group 1: Incident Details - Li Haipeng, a senior manager at CITIC Securities' IT center, was found guilty of using non-public information for trading, leading to a penalty of 213.14 million yuan [2]. - The "rat trading" practice involves financial institution employees using insider information obtained through their positions to conduct unauthorized securities trading [2]. - Li Haipeng had access to sensitive client information through the CRM system, which he exploited for personal gain [2]. Group 2: Trading Activities - Li Haipeng engaged in synchronized trading for three years, from November 1, 2019, to February 21, 2023, using information from a specific fund [3]. - He controlled multiple stock accounts belonging to his wife and her siblings, executing trades on 128 different stocks with a total trading volume of 64.84 million yuan [3]. - Among these trades, 76 stocks were traded in sync with a specific fund, resulting in a profit of 213.14 million yuan [3]. Group 3: Regulatory Context - The frequency of "rat trading" incidents has increased, with multiple securities personnel facing penalties in recent years [3]. - In 2023, the China Securities Regulatory Commission reported handling 59 cases of illegal activities by industry personnel, with significant penalties imposed on violators [3].