Core Viewpoint - The China Securities Regulatory Commission (CSRC) has imposed a total fine of 106 million yuan on Jin Suichun for manipulating stock prices through various illegal trading practices, including using multiple accounts he controlled and engaging in continuous trading [1][3][4]. Group 1: Penalties and Violations - Jin Suichun's illegal gains amounted to 53.02 million yuan, leading to a total penalty of 106 million yuan, which includes the confiscation of illegal earnings and an equal fine [3][4]. - The CSRC has banned Jin Suichun from the securities market for five years due to the severity of his market manipulation actions, which violated multiple provisions of the Securities Law [3][4]. Group 2: Regulatory Environment - The CSRC has been increasingly stringent in enforcing regulations, having issued several significant penalties for market manipulation this year, including cases where individuals profited over 1 billion yuan [5]. - In 2024, the CSRC handled 739 securities and futures law violation cases, with 592 penalties issued, highlighting a focus on insider trading and market manipulation [5].
一股民“栽了”！被罚没1.06亿 拉黑5年
Zhong Guo Ji Jin Bao·2025-06-06 16:22