Loan 36 accounts illegally and assist in capital allocation! The broker was fined 1 million

category:Finance
 Loan 36 accounts illegally and assist in capital allocation! The broker was fined 1 million


The CSRC ordered Hengtai securities to correct, give a warning and impose a fine of 1 million yuan. At the same time, Yu Anyi, Chen Weijie and Zhang Chao of the trading department of Hengtai securities institutions were fined 100000 yuan, 100000 yuan and 30000 yuan respectively.

Help solicit and lend 36 accounts in violation of regulations

It happened at the beginning of 2018. Yu Anyi, deputy general manager of trading department of Hengtai securities, met Du Mingyan, chairman of Fengming Tongchuang (Beijing) Asset Management Co., Ltd., and arranged his subordinate Chen Yijie to connect with Du Mingyan.

Later, Du Mingyan introduced Xu Zhenhua, the actual controller of Shenzhen Qianhai Zhongheng Zhifu Asset Management Co., Ltd. as a customer, Xu Zhenhua had the need to borrow the securities account and allocate capital.

Chen Yijie appointed Zhang Chao, his subordinate, to be jointly responsible for the specific work. Chen Yijie, Zhang Chao and Du Mingyan established a wechat group to conduct business communication. Zhang Chao also introduced four people, including Chen Yiying, Shao Xiaobin, Wu zhaohuai and Weng Yihui, to join the business team and contact customers in the name of Hengtai securities.

From March to June 2018, Zhang Chaos team successively recruited 36 Hengtai securities customer accounts including Zhang Xiaomiao for Xu Zhenhua. Among them, 35 customer accounts are used by Xu to buy and sell stocks.

In this process, the relevant person in charge of the trading department of Hengtai securities allowed the illegal acts to occur. On March 17, 2018, Yu Anyi, the head of Hengtai securities institution, received a screenshot from Chen Yijie via wechat. The screenshot shows that the bank account of Zhangs banquet transferred to the bank account of Yuans with a margin of 35 million yuan. Chen Yijie also asked Yu Anyi to coordinate the financing of 200 million yuan as soon as possible. Yu Anyi did not pay enough attention to raise questions and replied, I ask, now the funds are tight..

Hengtai securities and several responsible persons receive tickets

According to the investigation of CSRC, Hengtai securities mainly has the following problems in the process of margin trading:

One is to provide convenience and services for margin trading and securities lending activities between customers and customers and between customers and others, including assisting in fund allocation and transfer, assisting in opening accounts with advance funds, avoiding the management requirements of customer appropriateness, and assisting in enlarging the credit line of two financing.

Second, provide customers credit capital account and credit securities account to others for use.

According to the CSRC, the business teams Zhang Chao and Chen Yijie of the institutional trading department of Hengtai securities, in the process of performing their duties, contracted the account borrowing business in the name of Hengtai securities, and recruited multiple customer accounts according to the demand and provided them to others for use. The business income generated from this ultimately belongs to Hengtai securities, and the behavior of relevant business teams should be regarded as the unit behavior of Hengtai securities u3002

The CSRC decided to order Hengtai securities to correct, give a warning and impose a fine of one million yuan. At the same time, the relevant parties were also given a warning and punishment. Yu Anyi, deputy general manager of trading department of Hengtai securities institutions, was given a warning and fined 100000 yuan; Chen Zhujie, regional manager of Hengtai securities institutional trading department, was given a warning and fined 100000 yuan; Zhang Chao, customer manager of institutional trading department, was given a warning and fined 30000 yuan.

During the year, a number of securities companies were punished for violation of business and financing regulations

In addition, according to incomplete statistics, since this year, at least seven securities companies have been punished by the regulatory authorities for violations of the two financing business. The employees who violate the rules are basically employees of branches, and the main violations are mainly focused on providing convenience for financing between customers and others.

In June this year, Zhejiang Securities Regulatory Bureau issued five administrative regulatory measures, involving Datong securities, Wanlian securities and Founder Securities. During the period of being in charge or in charge of the business department of their respective securities companies, the persons subject to regulatory penalties have the behavior of providing convenience for customers financing in violation of regulations, and the CSRC shall issue warning letters and regulatory talks. Securities dealers said that since this year, the regulatory authorities have significantly increased the penalties for illegal financing. To increase the punishment of illegal acts of intermediary agencies is not only a deterrent to the intermediary agencies, but also an important measure to compact the responsibilities of intermediary agencies. Margin trading as a high risk business, securities companies to margin trading risk management system timely and effective improvement, is to ensure the healthy development of this business. Source of this article: Yang Bin, editor in charge of Shanghai Securities News_ NF4368

In June this year, Zhejiang Securities Regulatory Bureau issued five administrative regulatory measures, involving Datong securities, Wanlian securities and Founder Securities. During the period of being in charge or in charge of the business department of their respective securities companies, the persons subject to regulatory penalties have the behavior of providing convenience for customers financing in violation of regulations, and the CSRC shall issue warning letters and regulatory talks.

Securities dealers said that since this year, the regulatory authorities have significantly increased the penalties for illegal financing. To increase the punishment of illegal acts of intermediary agencies is not only a deterrent to the intermediary agencies, but also an important measure to compact the responsibilities of intermediary agencies. Margin trading as a high risk business, securities companies to margin trading risk management system timely and effective improvement, is to ensure the healthy development of this business.