Core Viewpoint - The recent administrative penalties imposed by the Anhui and Jilin Securities Regulatory Bureaus highlight significant violations involving insider trading by senior IT personnel at major securities firms, emphasizing the need for stricter oversight and management of access to sensitive information within the industry [1][4][12]. Group 1: Administrative Penalties - The Anhui Securities Regulatory Bureau penalized Li Haipeng, a senior IT manager at CITIC Securities, for insider trading, resulting in a total fine and confiscation of 426.28 million yuan [1][7]. - The Jilin Securities Regulatory Bureau imposed penalties on Shao, a senior manager at Huatai Securities, for similar violations, totaling 107.18 million yuan in fines and confiscation [4][11]. Group 2: Details of Violations - Li Haipeng utilized his access to the CRM system to trade stocks based on undisclosed information, controlling a personal account that executed trades exceeding 60 million yuan, with 29 million yuan in profits from trades aligned with a specific fund [8][12]. - Shao accessed the OA system to gain insights into Huatai Securities' proprietary accounts, engaging in trades that mirrored the firm's activities, with a total trading amount of approximately 347 million yuan over 14 years [9][10][11]. Group 3: Regulatory Implications - The penalties underscore the vulnerability of IT personnel in securities firms to insider trading, necessitating enhanced regulatory measures, including stricter access controls and monitoring of trading activities [12][13]. - The China Securities Association has proposed guidelines to manage the investment behaviors of senior personnel, particularly those with access to sensitive information systems, to prevent misuse of insider information [12][13].