Xiao Li has not worked in the Securities Regulatory Bureau for a long time, less than three years, he graduated from the University of Finance and Economics and passed the public examination to work in the Securities Regulatory Bureau, and was assigned to the Institutional Supervision Department.

At first, Xiao Li also cherished this rare opportunity, determined to work hard and make some achievements, but soon he felt a little unbalanced, the salary of ordinary staff of the Securities Regulatory Bureau is not high, only 100,000 a year, even if there is some gray income, I don't know how many years it will take to buy a suite in Shenzhen, where the housing price is ridiculously high.

In comparison, the investment managers of the fund companies they supervise often earn millions of dollars a year, which makes him feel very unbalanced. Because of his work, he met Ma Shile, an investment manager of Bot Fund, who had a similar temperament with Ma Shile, and Ma Shile often invited him to go out to play together, and he would also use his position to give Ma Shile some care within his ability, such as giving Ma Shile a message before the institutional supervision department was ready to go to Bot Fund for investigation.

When playing together, Xiao Li will inevitably complain to Ma Shile about the low salary, Ma Shile drank too much wine, and as soon as his brain was hot, he patted his chest and said: "You will follow me in the future, and ensure that you buy ......a suite within three years."

Xiao Li still didn't believe it, buying a suite in Shenzhen would cost at least several million, except for robbing the bank, how could the money come so quickly? Ma Shile mysteriously told him a stock, asking him to buy it tomorrow, and Ma Shile would inform him again when he wanted to sell it.

Xiao Li also knew that the staff of the Securities Regulatory Bureau were not allowed to speculate in stocks, so he found a good classmate, opened an account with the name of his classmate, and the operation was also operated by his remote control classmate on the phone, and he didn't dare to invest too much money for the first time, so he made 50,000 yuan to test the water, and it didn't take long for the stock to continue to rise and fall, and the stock price doubled, and his 50,000 yuan became 100,000 yuan!

At this time, Xiao Li regretted that he was too timid, if he had invested one million at that time, wouldn't it have become two million now! After tasting the sweetness, Xiao Li put all the risks of violating the regulations behind him, and went to Ma Shile again, asking him to tell him another stock, but Ma Shile said that the wind is too tight now, and he will talk about it after a while.

Xiao Li was still dreaming of making a fortune by frying a few more times, but he didn't expect to be bumped into by Duan Yu by mistake. He didn't realize the seriousness of the matter, thinking that even if he was discovered, he would be fine if he returned the money he had earned at most.

Fei Yunlong and Liu Huaqiang are both old people in the securities industry, so they naturally know very well what Xiao Li said, their faces changed, they glanced at each other in surprise, and spit out three words in unison, "Rat barn!"

Here it is necessary to introduce to friends who are not familiar with stocks what is a "rat barn", which is a kind of "price eating" practice of unscrupulous brokers who are disloyal to customers. Specifically, it means that before the market maker uses public funds to raise the stock price, he first uses his own personal (the person in charge of the institution, the trader and his relatives, and related households) to open a position at a low level, and the personal position is the first to sell for profit after the public funds are pulled up to a high level.

The characteristic of the Chinese stock market is that there are no Zhuang and no shares, and the rat warehouse exists in these large and small Zhuang stocks. Brokers are the main players in the stocks, using their own natural advantages in financing, from all aspects of society into a large amount of funds to sit in the bank to pull up the stocks. The purpose of sitting in the bank is to make money, but there are few real money in the brokerage, the reason is that after the brokerage pulls up the stock, a large number of rat warehouses buried at the bottom are swarming to ship, and the brokerage is taking over at a high level. As a result, the brokerage company has suffered a lot of losses, and the rat warehouse has made a lot of money. This is the main form of today's brokerage is hollowed out, and it is the "retail investors" who are more injured than the brokers, and in the case of unequal information, it is of course difficult for retail investors to make money in the hands of rat warehouses and market makers.

As a matter of fact, the "rat barn" is almost an open secret in the securities industry, and all people in the securities circles with a conscience deeply hate the "rat barn," precisely because the existence of the "rat barn" has disrupted the normal order of the stock market and greatly harmed the interests of investors.

In fact, not only the state, but also the financial institutions themselves, such as securities firms and fund companies, can be said to have exhausted all means to deal with the appearance of the "rat barn" and have been exhausted by their brains, but the "rat barn" has been repeatedly investigated, and the more they are investigated, the more they are investigated.

Marx said it well: for the sake of 100 percent profits, capital dares to trample on all human laws; with 300 percent profits, capital dares to commit any crimes, and even risks hanging their heads, and the profits of the rat warehouse are not more than 300 percent, and naturally some people are willing to take risks for it.

On the other hand, the operators of the "rat warehouse" are the "elite" of the securities industry, they are familiar with the rules of the industry, they are very good at exploiting regulatory loopholes, the awareness and ability of anti-investigation are very strong, and they are also very good at hiding themselves Under the current system, neither the state nor financial institutions have a good way to deal with the "rat barn". That is, a "rookie" like Xiao Li will be inadvertently broken by Duan Yu, otherwise it will not be exposed at all.

That's why Fei Yunlong and Liu Huaqiang were so surprised, this luck is really declining, and it actually happened during Duan Yu's private visit, it seems that this board will definitely not be light.

"Chairman Duan, I want to review with you, if something like this happens in our Securities Regulatory Bureau, I will take the leadership responsibility, please punish me......" Fei Yunlong said sadly.

Duan Yu waved his hand and said sternly: "Now is not the time to pursue responsibility, we are now going to follow the vine and find out all the people involved in the case ......."

Immediately Duan Yu personally led the team, Fei Yunlong transferred a large number of capable staff from the Institutional Supervision Department and the Inspection Department, and rushed directly to the Bote Fund Company involved in the case, when passing by the gate, the security guard at the door looked at Duan Yu surrounded by Fei Yunlong and a large group of officials of the Securities Regulatory Bureau, and was stunned.

Duan Yu naturally didn't care about the trouble of going to this security guard now, but when he passed by him, he deliberately patted him on the shoulder, "It's not wrong for you to ask me to register, but you should treat everyone equally, even if it's just an ordinary person who comes to complain, you have to warmly receive ......."