11年牟利千万，被罚没1.35亿，某券商前副总裁违规炒股细节曝光

Core Viewpoint - The Jiangsu Securities Regulatory Bureau imposed a record fine of 135 million yuan on Chen Moutao, a former vice president of a securities company, for insider trading and illegal securities transactions, along with an 8-year and 5-year market ban [1][5][11]. Summary by Sections Penalty Details - Chen Moutao was fined a total of 135 million yuan, which includes 37.5 million yuan for illegal gains of 18.75 million yuan from insider trading and 52.8 million yuan for illegal gains of 26.4 million yuan from securities trading [10][11]. - The total amount of illegal gains confiscated was 45.15 million yuan, with a total fine of 90.3 million yuan [11]. Violations - Chen engaged in insider trading for over 11 years, utilizing undisclosed information to conduct securities transactions, which included trading 585 stocks with a total investment of 859 million yuan and earning 18.75 million yuan [5][6]. - He also controlled 16 securities accounts, trading a total of 334 million shares with a transaction amount of 4.544 billion yuan, resulting in a profit of 26.4 million yuan [5][6]. Regulatory Response - The Jiangsu Securities Regulatory Bureau emphasized that Chen's actions severely disrupted market order and warranted strict penalties, reflecting a growing trend of stringent regulatory measures against insider trading and illegal securities activities [13][15]. - The bureau noted that the severity of the penalties is part of a broader effort to combat insider trading and enhance compliance within the securities industry [15]. Industry Context - The case is part of a larger pattern of increased regulatory scrutiny in the securities industry, with multiple instances of penalties against securities personnel for similar violations reported throughout the year [13][14]. - The regulatory environment is becoming more stringent, with a notable increase in the number and severity of penalties for insider trading and related offenses [15].