Ye Qinglai, Director Of Short-Term Bird Trading, Was Punished By The SFC

According to the latest news, Ye Qinglai, chairman of the news bird group, was recently fined by the securities and Futures Commission for short-term trading. The punishment will likely affect the performance of the group.

According to the latest disclosure of the SFC website,

The existence of short term trading and Shanghai silver sand Venture Capital Co., Ltd., the existence of illegal pactions in the use of personal accounts for stock pactions, the Commission decided to impose a warning and fines.

Ye Qinglai served as the director of the wedding bird, which used the short term paction of "Wang Moujie" account.

Specifically, in from February 1 to 3, 2012, it bought 379 thousand and 400 stocks of good bird stocks, sold 29 thousand and 400 shares of good bird stocks in July 3, 2012, and bought 1 million 524 thousand and 600 shares of lunar birds from August 28, 2012 to December 10th, and sold 1 million 274 thousand and 600 shares of birds of interest in from February 4 to 20, 2013.

Ye Qinglai's above actions violate the provisions of the forty-seventh law of the securities law and constitute short term trading.

In addition, when Ye Qinglai was

The legal representative of silver sand.

Since February 5, 2013, Shanghai silver sand has made a total profit of 2 million 242 thousand and 200 yuan by using "Zheng Mouyun" personal account paction, such as "dragon net environmental protection", "Wenfeng stock" and "China reserve stock".

Shanghai silver sand used the "Zheng Mouyun" personal account to carry on the stock paction, violated the "Securities Law" eightieth stipulation, constituted the "Securities Law" 208th acts described.

Ye Qinglai is the directly responsible person in charge.

The above facts include conversation pcripts, paction data, related notes, Shanghai and

The evidence provided by the stock exchange provides sufficient evidence to confirm that.

As a result, the SFC decided to give Ye Qinglai a warning on the short-term trading behavior and impose a fine of 30 thousand yuan. He ordered the Bank of Shanghai to make corrections to the illegal activities, and confiscated the illegal income of 2 million 242 thousand and 200 yuan, and imposed an equivalent penalty on the Zheng Mouyun's personal account, and warned Ye Qinglai, who was directly in charge, and imposed a fine of 30 thousand yuan.