Zhong Guo Jing Ji Wang·2025-11-18 06:51Core Points - The Zhejiang Securities Regulatory Bureau issued a warning letter to Shen Yu for promoting and selling financial products not issued or sold by GF Securities Co., Ltd. and obtaining improper benefits [1][5] - Shen Yu's actions violated multiple regulations, including the Securities Company Sales of Financial Products Management Regulations and the Supervision Management Measures for Directors, Supervisors, Senior Management, and Practitioners of Securities Fund Management Institutions [1][5] Regulatory Framework - According to the Securities Company Sales of Financial Products Management Regulations, personnel engaged in the sale of financial products must have securities qualifications and comply with management regulations [2] - Violations of these regulations can lead to regulatory measures or administrative penalties from the China Securities Regulatory Commission (CSRC) [2] - The Supervision Management Measures for Directors, Supervisors, Senior Management, and Practitioners of Securities Fund Management Institutions prohibit various forms of misconduct, including using one's position for personal gain and engaging in activities that create conflicts of interest [3][4] Consequences - The Zhejiang Securities Regulatory Bureau decided to issue a warning letter to Shen Yu, which will be recorded in the securities and futures market integrity database [1][5] - Shen Yu is required to enhance compliance awareness and standardize business practices to prevent future violations [5]