Core Viewpoint - The article discusses the serious disciplinary violations and illegal activities of Wu Guofang, former Deputy Director of the Legal Department of the China Securities Regulatory Commission (CSRC), highlighting issues of corruption and abuse of power within the regulatory framework of the securities industry [1]. Summary by Sections Disciplinary Investigation - Wu Guofang was subjected to a disciplinary review and investigation by the Central Commission for Discipline Inspection and the Jiangsu Provincial Commission for Discipline Inspection due to severe violations of discipline and law [1][3]. - The investigation revealed that Wu Guofang had lost his ideals and beliefs, using public power for personal gain, which severely damaged the image of securities regulation [1]. Corruption and Misconduct - Wu Guofang engaged in corrupt practices, including using his former position to seek "investment opportunities" and violating multiple regulations, such as accepting gifts and dining invitations in violation of the Central Eight Regulations [1]. - He was found to have illegally held shares in non-listed companies and engaged in stock trading through others' accounts, which constitutes a significant breach of integrity [1]. Consequences and Legal Actions - As a result of his actions, Wu Guofang was expelled from the Party and removed from public office, with his illegal gains confiscated [1]. - His case has been referred to the prosecutorial authorities for further legal action, indicating the severity of his misconduct and its implications for the regulatory environment [1]. Background Information - Wu Guofang, born in July 1971, held various positions within the CSRC and was involved in significant regulatory roles, including serving as the Deputy Director of the Legal Department [5][7]. - Prior to his dismissal, he was also a vice president at Guosen Securities and held directorial positions in its Hong Kong subsidiary [8][9].
突发!证监会原法律部副主任吴国舫被双开!曾任三届创业板发审委员、国信证券副总裁
梧桐树下V·2025-07-13 05:25