券商员工实施“老鼠仓”获利200多万元遭罚：违规获取托管基金信息，控制亲属账户跟单交易

Core Viewpoint - The recent "mouse warehouse" incident involving Li Haipeng, a former senior manager at CITIC Securities, has revealed significant issues in the internal controls of the securities industry, particularly regarding the misuse of technology and insider information [1][4][6]. Group 1: Incident Overview - Li Haipeng manipulated family members' stock accounts to follow the trading activities of a "star fund," resulting in a total of 76 stocks traded in a coordinated manner, with illegal profits amounting to 2.13 million yuan [1][4]. - The incident was uncovered by the Anhui Securities Regulatory Bureau, which issued a penalty on May 30, 2025, detailing the full chain of this technical "mouse warehouse" operation [1][2]. Group 2: Mechanism of the Fraud - Li Haipeng gained critical access to the CRM system of CITIC Securities in December 2018, allowing him to view confidential information about all clients, which he exploited for personal gain [2][4]. - From November 1, 2019, to February 21, 2023, he executed trades through a family-controlled account group, with a total trading amount of 64.84 million yuan, including 29.00 million yuan in trades that mirrored the star fund's activities [4][5]. Group 3: Internal Control Failures - The case highlights the vulnerabilities in the internal control systems of the securities industry, particularly in managing technical access and permissions, which can lead to hidden criminal activities [4][6]. - The incident is not isolated, as similar cases have been reported, indicating a broader issue within the industry regarding the oversight of employees with access to sensitive information [6][7]. Group 4: Industry Context - High Yi Asset Management, speculated to be linked to the case, is a leading private equity firm in China, managing over 100 billion yuan and known for its successful investment managers [7]. - The incident raises concerns about the potential for insider trading and the risks associated with blindly following star fund managers, as many investors may suffer losses despite the apparent success of these funds [7].