伴随着监管层罚单的陆续披露，私募泄露信息事件频发，叠加数字化转型带来的全新风控挑战，行业风控短板日益凸显。 上海证监局最新披露，针对龚某某泄露未公开信息的违规行为，该局责令改正，给予警告，并处以20万元罚款。 罚单显示，龚某某曾任职于某证券类私募，担任5只私募产品的投资经理，负责并知悉投资决策等工作。 在任期间，龚某某通过当面告知、 微信、提供相关私募基金产品证券账户的账号密码等方式，向赵某泄露前述5只私募基金的投资决策等未公开信息。 近年来，上海证监局多份罚单显示，私募投资经理已成信息泄露高发群体。今年7月，该局曾对3位私募投资经理的信息泄露行为同时开具罚 单，3人均被罚款50万元。 除了信息泄露， 投研人员利用未公开信息进行趋同交易的案例同样频发，相关案例不胜枚举。 随着资管行业数字化程度加深，信息泄露与违规交易的主体正从基金经理等核心投研岗，向可接触核心数据的IT、风控、运营岗扩散，这类 岗位因掌握系统权限，违规行为往往涉及金额更大、隐蔽性更强。 值得注意的是，私募及关联机构中的非投研岗人员，可能成为未公开信息泄露的 "中介枢纽"。他们不直接参与基金投资决策，但基于岗位 职能合法接触到私募产品的持仓、交 ...

又有券商从业人员因涉"老鼠仓"被监管重罚。 11月28日，江苏证监局公布的一则行政处罚决定书（以下简称"决定书"）显示，作为证券从业人员 的陈某涛，因利用未公开信息从事有关证券交易、违规买卖证券，被江苏证监局没收违法所得4515.05 万元，并处以9030.10万元罚款，同时被采取8年及5年两项证券市场禁入措施。 值得注意的是，陈某涛自1999年8月起便在某证券公司任职，先后担任副总裁等职务。 长期以来，"老鼠仓"行为被严监严管。近年来，利用未公开信息交易及其预防、打击工作持续受到 金融监管机构及司法机关的关注，券商、公募基金、私募基金等领域每年都有多起"老鼠仓"案件被查 处。 利用未公开信息交易 "老鼠仓"行为，是指证券基金等金融机构从业人员在履行职责过程中，掌握、知悉大量投资决策、 交易动向、资金变化等未公开信息，未依法严格履行保密、忠实义务，向第三人透露相关未公开信息， 直接或变相利用未公开信息牟取利益，该行为可能会被行政处罚甚至构成违法犯罪。 本次查处的"老鼠仓"直指券商高管。决定书显示，陈某涛出生于1963年1月，自1999年8月起在某证 券公司任职，先后担任副总裁等职务，涉案期间系证券从业人员。 ...

11月28日，江苏证监局公布的一则行政处罚决定书（以下简称"决定书"）显示，作为证券从业人员的陈 某涛，因利用未公开信息从事有关证券交易、违规买卖证券，被江苏证监局没收违法所得4515.05万 元，并处以9030.10万元罚款，同时被采取8年及5年两项证券市场禁入措施。 值得注意的是，陈某涛自1999年8月起便在某证券公司任职，先后担任副总裁等职务。 长期以来，"老鼠仓"行为被严监严管。近年来，利用未公开信息交易及其预防、打击工作持续受到金融 监管机构及司法机关的关注，券商、公募基金、私募基金等领域每年都有多起"老鼠仓"案件被查处。 又有券商从业人员因涉"老鼠仓"被监管重罚。 利用未公开信息交易 "老鼠仓"行为，是指证券基金等金融机构从业人员在履行职责过程中，掌握、知悉大量投资决策、交易 动向、资金变化等未公开信息，未依法严格履行保密、忠实义务，向第三人透露相关未公开信息，直接 或变相利用未公开信息牟取利益，该行为可能会被行政处罚甚至构成违法犯罪。 本次查处的"老鼠仓"直指券商高管。决定书显示，陈某涛出生于1963年1月，自1999年8月起在某证券公 司任职，先后担任副总裁等职务，涉案期间系证券从业人员。 陈 ...

Core Viewpoint - A fund manager has been penalized for trading based on undisclosed information, receiving a fine of 500,000 yuan from the Shanghai Securities Regulatory Bureau [2][5]. Group 1: Fund Manager's Actions - The fund manager, Yang, utilized undisclosed information obtained through his position to suggest trading activities to Chen, who controlled a related securities account [4]. - Yang was responsible for investment decisions and had access to confidential information regarding the fund's holdings and trading details [2][4]. Group 2: Securities Account Details - Chen's securities account, which includes both regular and margin accounts, was established in 2014, with funding primarily from himself and friends [3]. - The account was directly controlled and used by Chen for trading activities [3]. Group 3: Regulatory Findings - The Shanghai Securities Regulatory Bureau determined that Yang's actions violated the Fund Law, specifically Article 20, and constituted a breach as outlined in Article 123 [5]. - The regulatory body mandated corrective actions and imposed a fine of 500,000 yuan based on the nature and severity of the violations [5].

Core Viewpoint - The article discusses the case of fund manager Li Dan, who was fined for engaging in insider trading, specifically for manipulating stock purchases that resulted in significant losses [1][5][8]. Group 1: Case Details - Li Dan was fined 600,000 yuan for using undisclosed information to conduct trades, which led to a loss of approximately 33.12 million yuan [1][5]. - The Tianjin Securities Regulatory Bureau concluded that Li Dan's defense arguments were not accepted, leading to the penalty [1][3]. - Li Dan's trading activities involved 41 stocks, with 74.55% of the trades being aligned with the fund's transactions, resulting in a total loss [5][6]. Group 2: Fund Performance - During Li Dan's tenure, the fund she managed, the Guoshou Anbao Core Industry Fund, experienced a loss of 7.77%, ranking 716th out of 789 similar products [6][7]. - Other funds managed by Li Dan also showed poor performance, with many ranking in the lower half of their respective categories [6][7]. Group 3: Background Information - Li Dan has a history in the finance industry, having worked at Galaxy Securities before joining Guoshou Anbao Fund in 2013 [5][6]. - She was appointed as a fund manager for the Guoshou Anbao Core Industry Fund on its inception date, February 3, 2016 [6][7].

Core Viewpoint - The Anhui Securities Regulatory Bureau has imposed administrative penalties on Li Haipeng, a senior manager at CITIC Securities, for insider trading using undisclosed information related to a fund managed by CITIC Securities [1][5]. Group 1: Violation Details - Li Haipeng had access to undisclosed information regarding a fund established on April 24, 2015, and utilized this information for trading from November 1, 2019, to February 21, 2023 [2]. - During the investigation period, Li Haipeng controlled a trading account group that executed trades based on the undisclosed information, resulting in a total trading amount of 64.84 million yuan, with 29.00 million yuan linked to the fund's trading activities [2][3]. - The regulatory body found sufficient evidence, including account records and communication logs, to confirm that Li Haipeng engaged in insider trading, despite his claims to the contrary [4][9]. Group 2: Regulatory Response - The Anhui Securities Regulatory Bureau rejected Li Haipeng's defense arguments, stating that the evidence clearly indicated his intent to trade based on undisclosed information [4][10]. - As a result of the violations, Li Haipeng was ordered to forfeit illegal gains amounting to 2,131,370.21 yuan and was fined the same amount [5][10]. - Li Haipeng has the right to appeal the decision within 60 days or seek administrative review, but the penalty will remain in effect during this period [6][10].

Core Viewpoint - The article discusses the administrative penalty imposed by the Liaoning Securities Regulatory Bureau on an investment manager assistant, who used insider information to conduct stock trading, resulting in significant financial gains through illegal activities [1][4]. Summary by Sections Administrative Penalty - The Liaoning Securities Regulatory Bureau has issued an administrative penalty against an individual named Niu, who, as an investment manager assistant, misused insider information related to 32 asset management products [1][2]. Illegal Trading Activities - Niu utilized insider information to conduct stock trading from June 2022 to August 2023, coordinating with another individual, Shi, to execute trades using Shi's account. The total amount of synchronized buying reached approximately 39.21 million yuan, with profits amounting to 751,400 yuan [2][3]. Details of Transactions - Niu's trading activities involved 75 stocks, with 98.68% of these trades being synchronized with the 32 products. The total synchronized buying amount was 39.21 million yuan, and the total profit from these transactions was 751,400 yuan [3][5]. Acknowledgment of Wrongdoing - Niu demonstrated a good attitude during the investigation, admitting to the illegal activities and signing a confession document. The evidence collected included account records and testimonies, which confirmed the violations of the Securities Law [4][5]. Legal Consequences - The Liaoning Securities Regulatory Bureau decided to confiscate Niu's illegal gains of 751,400 yuan and impose an equal fine of 751,400 yuan, based on the provisions of the Securities Law regarding insider trading [5].