Category: Money tips Release Date: 2006-07-28
China Securities Regulatory Commission announced today its official Web site of a number of brokerage firms, listed companies, executives of the penalty decisions, including Minfa Securities chairman Zhang Xiaowei, chairman Wu Ke Hantang Securities, the securities, chairman of the CAS, including 10-Li Liu name brokerage executives have been sentenced "to death": a permanent Shichangjinru. In addition, the "Oprah" Cheng-Gang is also due to irregularities in stocks has been the implementation of five-year Shichangjinru SFC.
The SFC found that from May 1997 to April 2004, Minfa Securities misappropriated margin 68, and cumulatively 3.0 billion. Which will guarantee freeing up lending to securities firms issued Min Wu Yonghong and its control in Fujian, who co-Sheng Trading Company and other companies use a total of 33 pens, accumulated 1.114 billion yuan. Minfa misappropriation of clients is the process margin: Minfa Yuk Lun, general manager, Zhang Xiaowei Wu Yonghong and its control in accordance with the Association of Fujian Sheng Trading Company and the periphery of Minfa companies to capital requirements, financial management in preparing for the first arrangements for funding, and will be designated routes shall notify the sales department, and then by the business department or fund management centers fill out applications for allocation of funds approved by a single newspaper Zhang Xiaowei, etc., fund management center will deposit allocated to the relevant sales department, the sales department, who according to instructions that the funds Zhang Xiaowei freeing up a company or be allocated to external companies for self-Min Fat. In addition, there are still fails Minfa Securities provides business and financial management will be entrusted into the misappropriation of bond behavior of accounting, the sale of treasury bonds accounts for clients such as illegal violations. , Former chairman and former CEO Zhang Xiaowei, former general manager of Yuk Lun be permanently Shichangjinru, other executives were sentenced to 10 years, 5 years and 3 years Shichangjinru.
Hantang Securities settlement funds misappropriation of customer transactions totaling more than 24 billion yuan, Wu Ke-ling, chairman, president and Song Jiansheng, Finance Director and fund management center Ming Liu Jin-Bin, general manager of being "identified it as Shichangjinru who may not engage in any securities business permanently . " CAS unauthorized securities commission to carry out financial management, involving an amount of 350 million, including the chairman Liu Dali, flood and other company executives have been permanently Shichangjinru four other executives were sentenced to 10 years and 5 years Shichangjinru .
"Oprah," Cheng-Gang has also been the implementation of five-year Shichangjinru. Securities and Futures Commission investigation has revealed that well-known securities analysts who have the SUN has just opened in June 1995 the stock account starting in December 2000 specified in the Hai Tong Securities AG Laoshan Road Shanghai sales department transactions. April 6, 2004, Q-Ware Industrial Co., Ltd. 2003 Annual Report revealed that Cheng-account holders of the stock just above the company's 22.07 million outstanding shares, the highest in the company's outstanding shares of the tenth table. Since December 2000 to March 2002, SUN has just linked to their stock accounts under the accounts in his wife, Wang Yanhong of funds, since March 2002 to May 2004 to withdraw the specified transaction period, has been linked to their mother Tonder United Kingdom under the capital account. Since March 2002 to May 2004, SUN has just stock trading account a total of 831 pens, stock trading 82 profit 1.992 million yuan. This is a violation of "securities and futures investment consulting Interim Measures," the relevant provisions of Article 24th.
In February, China Securities Regulatory Commission announced that Sun has been sentenced to confiscation of illegal income 1.992 million yuan and a fine of 100,000 yuan penalty, Shandong SG consulting services limited liability company fined 50,000 yuan. SFC SUN just the implementation of five-year Shichangjinru of administrative controls, which means that November 26, 2010, Sun shall not engage in any securities operations.
The commission also released a report on two senior executives of listed companies, the decision on punishment, ST Hongfeng Gao Jianhua and his brother, former chairman Gao Jianmin, PLAY in the secondary market has been the Commission to implement a permanent Shichangjinru; TOP software of the original Chairman Song Ruhua, because a number of violations, have also been implemented Shichangjinru's.
