Li Ming, Vice Chairman of the China Securities Regulatory Commission: The first batch of 4 administrative law enforcement guiding cases cover financial fraud, etc.

On February 21st, according to the Jinshi data, Li Ming, Vice Chairman of the China Securities Regulatory Commission, stated at the press conference on “Strictly Cracking Down on Securities Violations in Accordance with the Law and Promoting the Healthy and Stable Development of the Capital Market” that the CSRC has issued the first batch of 4 administrative law enforcement guiding cases, covering major types of violations such as financial fraud, fraudulent issuance, insider trading, and market manipulation, demonstrating determination to seriously rectify illegal activities in key areas and showcasing a regulatory attitude of fully safeguarding the stable operation of the Capital Market.