Lost money and broke the law! An insurance company employee used "insider information" to invest in the company's projects, lost money, and was fined 50 yuan for setting up a "piggyback account."
Recently, a penalty notice from the Shanghai Securities Regulatory Bureau revealed that Yun, a research analyst at an insurance asset management firm, abused her position to obtain the company's investment plans in advance. She then used two third-party accounts to follow the company's trades. After investing for 3 years and 8 months, she ended up with losses. Ultimately, she was found to have violated the Securities Law. Since no illegal gains were made, she was fined the minimum amount of 50 yuan.
(This video features Hui Bo Xing digital human)
Edited by: Zhu Wen Hao
Editor: Chen Yi
