券商中国·2025-06-28 02:14Core Viewpoint - The Zhejiang Securities Regulatory Bureau issued three penalties to Citic Securities due to violations related to compliance and investor protection practices [1][2][5]. Group 1: Individual Penalty - Wu, an employee of Citic Securities Shaoxing Branch, was found to have provided clients with answers to investment knowledge tests and offered investment advice without a signed advisory agreement, leading to a corrective action order [3][4]. - The violations were in breach of multiple regulations, including the Compliance Management Measures for Securities Companies and Securities Investment Fund Management Companies [3][4]. Group 2: Branch Penalty - Citic Securities Shaoxing Branch was penalized for similar violations, indicating inadequate internal controls and risk management regarding investor suitability [6][8]. - The branch was ordered to implement corrective measures and improve compliance management practices [8][9]. Group 3: Provincial Branch Penalty - Citic Securities Zhejiang Branch was also penalized for failing to manage compliance effectively across its subsidiaries, reflecting systemic issues within the organization [9][10]. - The regulatory body emphasized the need for the branch to enhance its management level and compliance awareness among employees [11].