According to data, in the first half of 2025, a total of 64 brokerage firms received more than 200 fines issued by the supervisory authorities. A regulatory ecosystem with multiple and heavy penalties in one case has gradually formed. A penetrating, full-chain punishment regulatory ecosystem has gradually formed. The reporter combed through and found that employees are repeatedly prohibited from trading stocks in violation of regulations, and investment banking business irregularities are still frequent. According to industry insiders, the supervisory authorities maintain a high-pressure stance against all kinds of illegal acts, with the intention of maintaining the healthy development of the capital market. In the context of strict supervision and control, brokerage firms urgently need to improve their compliance and risk control capabilities.

According to data, in the first half of 2025, a total of 64 brokerage firms received more than 200 fines issued by the supervisory authorities. A regulatory ecosystem with multiple and heavy penalties in one case has gradually formed. A penetrating, full-chain punishment regulatory ecosystem has gradually formed. The reporter combed through and found that employees are repeatedly prohibited from trading stocks in violation of regulations, and investment banking business irregularities are still frequent. According to industry insiders, the supervisory authorities maintain a high-pressure stance against all kinds of illegal acts, with the intention of maintaining the healthy development of the capital market. In the context of strict supervision and control, brokerage firms urgently need to improve their compliance and risk control capabilities.