The supervisory authorities have severely cracked down on market chaos such as arranging “essays” on the stock market. Recently, an investor was confiscated 85,000 yuan of illegal proceeds and fined 400,000 yuan by the Sichuan Securities Regulatory Bureau for using AI tools to batch fabricate and spread false information about a listed company and take advantage of the transaction, for a total of about 485,000 yuan. Since this year, the Securities Regulatory Commission system has announced a number of cases of punishment for fabricating “small essays” on the stock market. Zheng Dengjin, deputy director of the Capital Market Supervision and Reform Research Center at the Central University of Finance and Economics, said that the capital market is extremely sensitive to information, and that false information can disrupt the order of market information dissemination and interfere with the smooth operation of the market. The supervisory authorities will fight hard and increase the penalties against offenders, which can form a strong deterrent to the market.

Zhitongcaijing · 1d ago
The supervisory authorities have severely cracked down on market chaos such as arranging “essays” on the stock market. Recently, an investor was confiscated 85,000 yuan of illegal proceeds and fined 400,000 yuan by the Sichuan Securities Regulatory Bureau for using AI tools to batch fabricate and spread false information about a listed company and take advantage of the transaction, for a total of about 485,000 yuan. Since this year, the Securities Regulatory Commission system has announced a number of cases of punishment for fabricating “small essays” on the stock market. Zheng Dengjin, deputy director of the Capital Market Supervision and Reform Research Center at the Central University of Finance and Economics, said that the capital market is extremely sensitive to information, and that false information can disrupt the order of market information dissemination and interfere with the smooth operation of the market. The supervisory authorities will fight hard and increase the penalties against offenders, which can form a strong deterrent to the market.