Caida Securities(SH:600906) Mei Ri Jing Ji Xin Wen·2025-09-05 14:30Core Viewpoint - The case of Aoyi, former general manager of Caida Securities Hainan Branch, highlights ongoing regulatory scrutiny in the securities industry regarding unauthorized trading practices, with significant penalties imposed for violations [1][3]. Group 1: Case Details - Aoyi was penalized with a warning and a fine of 150,000 yuan for privately accepting client commissions to trade securities, resulting in a total trading amount of approximately 3.29 billion yuan and a loss of about 2.72 million yuan [1][2][3]. - The trading activities spanned from December 2019 to May 2024, involving two accounts of client Yu, with the first phase yielding a small profit and the second phase leading to substantial losses [2][3]. Group 2: Regulatory Environment - Since the beginning of 2025, regulatory bodies have disclosed 11 cases of securities professionals being penalized for similar unauthorized trading practices, indicating a stringent compliance environment in the industry [1][4]. - The regulatory approach has been characterized by a "zero tolerance" policy towards violations, regardless of whether the violators profited from their actions [5].