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].