券商副总裁违规买卖证券被罚没1.35亿

Core Points - Jiangsu Securities Regulatory Commission imposed a total penalty of 135 million yuan on Chen Moutao for illegal trading activities [1][2] - Chen Moutao misused his position to gain access to trading information of 32 accounts, leading to synchronized trading of 585 stocks with a total investment of approximately 859 million yuan [1] - The investigation revealed that from September 2011 to March 2023, Chen controlled 16 accounts, executing trades totaling approximately 4.54 billion yuan with a profit of about 26.4 million yuan [1] Summary by Sections Administrative Penalty - Chen Moutao was fined 90.3 million yuan and had illegal gains of 45.15 million yuan confiscated, resulting in a total penalty of 135 million yuan [1][2] - He faces an 8-year and a 5-year ban from the securities market [1] Illegal Trading Activities - From March 1, 2020, to March 12, 2023, Chen engaged in synchronized trading using insider information, resulting in profits of approximately 18.75 million yuan [1] - The total trading volume from September 2011 to March 2023 amounted to 334 million shares, with a total trading value of about 4.54 billion yuan [1]