震动金融圈！券商高管“老鼠仓”，罚没1.35亿元！

Core Points - A vice president of a brokerage firm, Chen Moutao, was penalized a total of 135 million yuan for engaging in illegal securities trading using undisclosed information [2][7] - Chen's actions severely disrupted the order of the securities market, leading to an 8-year and a 5-year market ban [4][9] Summary by Sections Violation Details - Chen Moutao utilized undisclosed information for securities trading from March 1, 2020, to March 12, 2023, controlling 8 securities accounts and engaging in synchronized trading of 585 stocks, amounting to 859 million yuan, with a profit of 1,875.04 yuan [6] - From September 15, 2011, to March 12, 2023, he traded a total of 334 million shares across 16 accounts, with a trading volume of 4.544 billion yuan and a profit of 26.4001 million yuan [6] Penalties Imposed - The total penalty imposed on Chen Moutao includes the confiscation of illegal gains amounting to 45.1505 million yuan and a fine of 90.301 million yuan, totaling 135 million yuan [8] - The regulatory authority deemed his actions as severe, leading to a long-term ban from engaging in any securities business or serving as a senior executive in any securities-related entity [9] Context of Regulatory Actions - Recent years have seen an increase in "rat trading" cases involving various personnel, including IT staff and senior managers in brokerage firms, highlighting a growing concern in the industry [10]