“董事长泄密，明星女友操盘”

Core Viewpoint - The article discusses a case involving insider trading where a company chairman leaked confidential information to his celebrity girlfriend, resulting in a significant financial loss and legal repercussions for both parties [3][4]. Group 1: Case Overview - In September, a case was revealed by Beijing Radio and Television's "Legal Proceedings" program, where a company chairman disclosed insider information to his girlfriend, leading to a failed restructuring and a loss of 5 million [3]. - The involved parties, including actress Chu Yinan, were subsequently detained for criminal investigation [3][4]. Group 2: Legal Implications - Chu Yinan was fined 400,000 yuan for her actions, which violated the Securities Law of the People's Republic of China and constituted insider trading under criminal law [4]. - The case highlights that legal accountability focuses on the act of trading based on insider information rather than the financial outcome of the trades [4][5]. Group 3: Regulatory Insights - The investigation revealed that even using complex structures like trust plans did not exempt the parties from regulatory scrutiny, as their trading activities were closely aligned with the timing of the insider information [5]. - The findings indicate that attempts to obscure insider trading through complicated transaction structures are ineffective against regulatory oversight [5].