Core Points - Zhejiang Securities Regulatory Bureau has issued an administrative penalty decision exposing a case of illegal stock trading by a quantitative private equity employee using undisclosed company information [1][2] - Lin Yiping, while employed at a technology company, engaged in trading activities that violated regulations by accessing and processing undisclosed information from two private equity fund managers under the same control [1][2] Summary by Sections Violation Details - Lin Yiping was involved in trading activities from November 16, 2022, to September 6, 2023, using multiple securities accounts to buy stocks in the Shanghai and Shenzhen markets, resulting in profits [1] - Evidence supporting the violation includes company documents, trading records, and testimonies, confirming the illegal activities [1] Regulatory Actions - The Zhejiang Securities Regulatory Bureau determined that Lin Yiping's actions violated specific regulations regarding the use of undisclosed information for stock trading [2] - As a result, Lin Yiping was ordered to correct his actions, received a warning, and had illegal gains of 88.5769 million yuan confiscated, along with a fine of 8,857.69 yuan, totaling over 177 million yuan [3] - Due to the severity of the violations, Lin Yiping has been banned from the securities market for five years [3]

11月11日，根据中国证券监督管理委员会浙江监管局发布的行政处罚决定书，实质上实施私募基金从业 者履职行为的林艺平，因利用未公开信息交易股票而受到重罚。 经查明，林艺平存在以下违法事实： 三、林艺平控制、使用案涉账户组趋同交易情况 2022年11月16日至2023年9月6日期间，林艺平控制使用"林某治"国金、东莞证券账户及"何某龙"东莞、 中信证券账户，在沪深两市趋同买入股票并盈利。 浙江证监局认为，林艺平的前述行为违反《私募投资基金监督管理暂行办法》《私募投资基金监督管理 条例》（以下简称《私募条例》）规定，构成利用未公开信息交易股票的违法行为。 根据林艺平违法行为的事实、性质、情节与社会危害程度，依据《基金法》《私募条例》的规定，浙江 证监局决定：对林艺平责令改正，给予警告，没收违法所得8857.69万元，并处以8857.69万元罚款，合 计罚没1.77亿元。因当事人林艺平的违法行为情节严重，依据相关法律法规的规定，该局决定对林艺平 采取5年证券市场禁入措施。林艺平应在收到处罚决定书之日起15日内将罚没款汇交国库，并可在60日 内申请行政复议或在6个月内提起行政诉讼。 二、林艺平控制、使用"林某治""何某 ...