Duan Yu kept a gloomy face and didn't say anything after knowing the result, he was really angry, where did these fund managers who built "rat warehouses" get the money from? In the end, retail investors still paid for them! As long as these "rats" existed, it would be impossible for the Huaxia stock market to develop healthward! It would only become a "rice warehouse" for rats!

Fei Yunlong saw that the atmosphere was a little dull, so he picked up the report of the investigation results and smacked his tongue: "These guys are so bold, I don't understand, why do these guys want so much money? It is said that these fund managers all have an annual salary of millions of dollars, and He Fengyun, as a professional manager, has an annual salary of more than 10 million, and there are dividends, why are they not satisfied?!......."

Xu Xiaofeng on the side shook his head and said with a smile: "People's greed is endless, no wonder many of our officials of the Securities Regulatory Commission want to change careers to become fund managers, am I that material, otherwise even I will be tempted......."

Duan Yu suddenly slammed the table and said angrily: "Now that government organs across the country are fighting corruption, I think we in the securities industry must also fight corruption! These fund managers who have built "rat barns" will have a worse impact than those corrupt government officials! A corrupt official who embezzles tens of millions of yuan can be sentenced to death, and these "rats" in the securities industry must not be allowed to go ......unpunished."

Through this period of getting along, Fei Yunlong also has a little understanding of Duan Yu's character, knowing that although he is strict, he is not a person who can't hear different opinions, and he is not as cringe in front of Duan Yu as he was at the beginning, he shook his head and said with a wry smile: "That being said, but the problem of the 'rat warehouse' is not as easy to investigate as official corruption, we can only be regarded as a blind cat meeting a dead mouse this time, and now those fund managers are building' The methods of the 'rat barn' are becoming more and more sophisticated and more and more hidden, and unless there are clues to report, it is really difficult to thoroughly investigate and deal with the 'rat barn' ......."

Even an experienced veteran securities regulatory cadre like Fei Yunlong said so, Duan Yu naturally knew that it was unrealistic to eradicate the "rat barn", a long-standing and difficult problem in the securities industry, and thought for a while: "I think we can refer to the property publicity and declaration system of government cadres to implement the property publicity and declaration system for employees in the securities industry, and monitor the property income of employees The sentencing of the case is a two-pronged approach to get rid of their luck mentality and increase their criminal risk ......".

Fei Yunlong's eyes lit up, and he slapped his thigh vigorously and said: "This is a good idea! It is far easier to discover the abnormal property of securities practitioners than it is to discover that they are engaged in abnormal stock operations, and this is indeed a good way! Why didn't I think of it before......

It's not that Fei Yunlong is complimenting Duan Yu, the so-called authorities are fascinated, and bystanders are clear, "rat barns" It is almost an open secret in the securities industry, and people in the industry know that it is harmful but they all feel that there is no good way to govern it, so as long as the scale of the operation is not particularly huge, no one will generally check it with such fanfare, and the fund company itself is in line with the idea of not publicizing the ugliness, and does not want to cause customers to distrust the fund company.

On the contrary, because Duan Yu has no experience in the financial industry, he can think of learning from the experience of local government agencies in anti-corruption, and find another way to supervise employees through the system of asset disclosure and declaration of employees, which is like catching mice in a rice warehouse, you must be unable to prevent it, but if you look at the rat's nest and don't let him move the rice to his home, the mice will naturally not dare to steal rice.

The "Bote case" caused a huge shock in the industry, and then Duan Yu launched a series of measures, convened a national local securities regulatory bureau video and telephone conference, requiring them to carry out a large-scale investigation of all public and private fund companies, carry out the rectification of the securities industry style and industry anti-corruption action, and officially launched the securities industry practitioners property publicity and declaration system, which made the industry in an uproar, this is the rhythm of the pot!

A total of more than 60 cases of "rat warehouses" were investigated and dealt with, more than 100 fund managers involved in the case were arrested, and more than 8 billion illegal trading funds were confiscated, which exceeded the sum of all over the years.

Soon after, the state also amended the law to increase the penalties for illegal insider trading and stock price manipulation by personnel in the securities industry, with the heaviest sentence being life imprisonment or even death. He Fengyun was sentenced to more than 10 years in prison and confiscated 60 million yuan of personal property, which undoubtedly played a good deterrent role in the "rat warehouse" criminal behavior.

The Supreme People's Court has also specifically listed the "Bote case" as a guiding case as a reference standard for sentencing the securities industry for illegally engaging in insider trading and manipulating stock prices. This indicates that the state has increased its attention to the crime of "rat barn", and has shown unprecedented intensity in cracking down on the crime of "rat barn"!

Therefore, many insiders later called the "Bot case" a milestone case in the anti-corruption of the securities industry, which greatly straightened out the practice of the securities industry and cracked down on corruption in the securities industry. Although the introduction of the asset disclosure and declaration system for employees in the securities industry cannot completely eradicate the existence of "rat bins", it has indeed curbed the flood of "rat bins".

The "Bot case" is considered to be the first fire burned by Duan Yu after he took office as chairman of the China Securities Regulatory Commission, and people in the industry with a conscience applauded one after another, believing that Duan Yu's fire burned well and curbed the phenomenon of the "rat barn" in the securities industry, and that Duan Yu, the new chairman of the China Securities Regulatory Commission, was not only very courageous, but also had a very poisonous vision, and hit the key point as soon as he made a move, and expressed optimism about the prospects of the Huaxia stock market under his management.

Of course, not everyone recognizes Duan Yu, Duan Yu's "first fire" touched the interests of many people, many of these people are "elites" in the industry, they attacked Duan Yu and said that his behavior is a layman's "nonsense", a violation of the rules of the industry, not only the "rat warehouse", but also affected the normal operation of the fund company, so that they encountered a crisis of customer trust, which is more harmful than good, and is a great "negative" for the stock market!