国寿安保前基金经理利用未公开信息趋同交易被罚 “老鼠仓”为何屡禁不止？

Core Viewpoint - The article discusses a case of insider trading known as "mouse warehouse" involving a former fund manager, Li Dan, who was fined for trading based on undisclosed information related to a fund he managed [2][4]. Group 1: Case Details - Li Dan controlled another person's securities account to conduct trading activities related to undisclosed information from March 22, 2022, to February 8, 2024, resulting in a fine of 600,000 yuan [2][3]. - During the mentioned period, Li Dan's trading decisions led to the purchase of 41 stocks, which accounted for 74.55% of the total trades, with a total investment of approximately 33.12 million yuan, representing 72.77% of the total trading amount, ultimately resulting in losses [3][4]. - Li Dan's actions violated the Fund Law, leading to the penalty imposed by the Tianjin Securities Regulatory Bureau [4]. Group 2: Background of Li Dan - Li Dan joined Guoshou Anbao Fund in December 2013 and served as the fund manager for the Guoshou Anbao Core Industry Fund from February 3, 2016, to February 8, 2024 [2][4]. - Over his eight-year tenure managing the Guoshou Anbao Core Industry Fund, Li Dan recorded a return of -7.77%, placing it in the bottom 10% of similar products [4]. - Li Dan managed a total of seven public funds, with one fund reaching a management scale exceeding 2 billion yuan in Q4 2020, but he recorded losses in multiple funds during his management [4]. Group 3: Industry Context - The article highlights that "mouse warehouse" incidents have been recurrent in the industry, with several fund companies, including Jiashi Fund and Puyin Ansheng Fund, facing similar issues [5][6]. - The regulatory environment has tightened, with increased penalties for such violations, indicating a growing awareness and response to these unethical practices [7]. - Industry insiders suggest that the allure of high returns drives some professionals to engage in illegal trading, while existing internal controls and monitoring mechanisms are often inadequate [7].