China intensifies crackdown on insider trading
China Securities Regulatory Commission
Beijing - XINHUA
The China Securities Regulatory Commission (CSRC) said on Friday that punishment on insider trading will become more harsh in order to "purify" the capital market environment.
The CSRC said in a statement that it will make more efforts to clamp down on the leaking and prying of non-public information involved in securities trading.
The commission has busted 20 cases of insider trading this year and penalized one institution and 31 individuals.
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