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Supreme People's Procuratorate: Strictly and swiftly investigate and severely punish financial fraud, embezzlement of listed company assets, and other illegal criminal cases according to the law

Wallstreetcn
Feb 13, 2025 at 03:22 AM

On February 13th, Du Xueyi, Director of the Economic Crime Prosecution Department of the Supreme People's Procuratorate, stated during a visit to the Supreme Procuratorate's director interview event that the procuratorial organs will uphold market order in accordance with the law, purify the market ecology, and provide legal guarantees for the healthy and stable development of the capital market. First, adhere to the principle of zero tolerance and increase the punishment for violations and crimes in securities and futures according to the law. Strictly and swiftly investigate and deal with cases of financial fraud, embezzlement of listed company assets, insider trading, market manipulation, and other illegal activities; focus on enforcing the key responsibilities of controlling shareholders, actual controllers, and senior executives of listed companies, as well as the "gatekeeper" responsibilities of intermediary organizations and financial institutions, to maintain market order with high-quality and efficient case handling. Second, adhere to the "three adeptness" to ensure the legitimate rights and interests of investors through high-quality and efficient case handling. Third, increase warning education and legal publicity efforts to promote industry governance

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

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