准百亿私募陆浦财富多项违规暂停备案半年 董事长被罚

Core Points - The China Securities Investment Fund Industry Association has issued a disciplinary decision against Lupu Wealth Management (Shanghai) Co., Ltd. for failing to disclose significant information that could affect investors' rights [1][6][9] - Lupu Wealth was found to have not provided critical information regarding the subordinate trust shares worth 401 million yuan, including past loan defaults and ongoing litigation related to a real estate project [7][9] - As a result of these violations, Lupu Wealth's private fund product registration will be suspended for six months [1][8] Regulatory Violations - Lupu Wealth's actions violated Article 24 of the Private Fund Regulatory Measures and Article 31 and 32 of the Private Investment Fund Supervision and Administration Regulations [1][4][9] - The company failed to disclose information as required by the fund contract, which includes potential conflicts of interest and other significant information that could impact investors [3][4][6] Disciplinary Actions - The disciplinary measures include a six-month suspension of Lupu Wealth's private fund product registration [1][8] - The Shanghai Securities Regulatory Bureau has also issued fines to Lupu Wealth's then-legal representative and chairman, He Yong, totaling 100,000 yuan and 30,000 yuan respectively [2][12][16]