日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Appeal of ex-Everbright Securities executive rejected

By Cai Xiao (chinadaily.com.cn) Updated: 2014-12-26 13:58

Appeal of ex-Everbright Securities executive rejected

Yang Jianbo, former Everbright Securities executive, is suing the China Securities Regulatory Commission after it fined and banned him for life last year from the securities industry for insider trading. [Photo/Xinhua]

The Beijing No 1 Intermediate People's Court on Friday rebutted the appeal of a former Everbright Securities executive against the China Securities Regulatory Commission.

The court said if a party is dissatisfied with the decision, it may have the decision reviewed in the Beijing High People's Court.

Yang Jianbo, former general manager of the strategic transaction department of the Chinese brokerage firm, sued the commission in April at the Beijing No 1 Intermediate People's Court after CSRC fined and banned him for life last year from the securities industry for insider trading.

According to Yang's indictment paper, at 11:05 am last Aug 16, due to a flaw in trading software, Everbright mistakenly placed 23.4 billion yuan ($3.84 billion) worth of purchase orders for 180 ETFs, of which 7.27 billion yuan were concluded.

Yang reported to the CSRC Shanghai branch and the Shanghai Stock Exchange after the incident and later asked traders to short sell index futures and ETFs to hedge risks, according to instructions from Everbright Securities, the indictment paper said.

The abnormal trading last Aug 16 caused the benchmark Shanghai Composite Index to jump 5.96 percent in about three minutes, with a large number of purchase orders sent from Everbright Securities' account.

Based on the Securities Law and a futures trading rule, the CSRC can confirm that Everbright Securities' behavior is insider trading, a CRSC agent told the court on April 3.

According to the agent, a flawed operation by Everbright Securities had a big influence on the stock market, but the information was not made public for a long time, so it can be identified as insider information.

The CSRC launched an investigation on Aug 18 into the incident. On Aug 31, the commission made a preliminary determination of penalties and individual bans. The CSRC finalized its ruling after hearing Everbright's response.

The CSRC announced on Nov 15 formal penalties for insider trading, levying a fine of 523 million yuan and banning four Everbright managers, including Yang, from the nation's financial markets for life.

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久久啊啊啊 | 欧美精品一区二区三区视频 | 成人免费视频网站 | 成人免费视频观看视频 | 激情开心成人网 | 99ri在线| 日韩永久免费视频 | 欧美99| 久久久视频在线 | 九九久久九九久久 | 99在线视频观看 | 日韩两性视频 | 国产精品视频免费在线观看 | 青青草免费在线视频观看 | 黄色小视频在线观看 | 天堂中文字幕在线 | 亚洲精品av在线 | 日本h在线| 欧美黄色一区二区三区 | 国产午夜亚洲精品午夜鲁丝片 | 91视频二区 | 香蕉网久久 | 亚洲美女在线视频 | 成人一区二区视频 | 国产美女永久免费无遮挡 | 香蕉av网站 | 日韩av影片在线观看 | 四虎免费在线视频 | 日韩精品免费 | 久久久久久穴 | 97超视频| 色狠狠综合 | 国产精品久久久久永久免费看 | 久久久久久久麻豆 | a视频在线观看 | 天天干天天色天天爽 | 亚洲黄色免费看 | 亚洲男女视频 | 国内精品久久久久久 | 久久国产精品-国产精品 | 亚洲三级在线观看 |