Shanghai Fund company was surveyed by high level survey data to find out dozens of accounts

The Shanghai Securities and Regulatory Bureau yesterday requested the Chief Inspector of the fund company in the area to report investigation situation

An unprecedented crackdown on http://www.aliyun.com/zixun/aggregation/22930.html "> fund managers ' illegal transactions are being rolled out nationwide through the exchange of" big data "surveillance systems.

Yesterday evening, a "Shanghai Regional Fund Company, 5 equity fund managers were taken away by the regulatory authorities to help investigate" the news, in the fund circle quickly "fermentation." Rumors about 3 fund companies in Shanghai, and related to the former public fund managers, but the rumors of several fund executives yesterday to the morning news reporter denied rumors, and said that "the company's fund managers are in normal work, all normal".

However, a number of the general managers of the Fund have also confirmed to the Morning Post that the investigation is true, and it involves a wide range of matters. There is a fund company general manager said: "Some companies may be involved in investment in the stock, but it is not ' rat Cang ' also need to investigate." ”

"This investigation should be originated from the exchange ' big data ' to monitor the transaction anomalies after reporting to the SFC, and not limited to Shanghai. "said one industry insider.

Morning News reporter from a number of sources learned that the Shanghai Securities and Regulatory Bureau yesterday had called the chief inspector of the Shanghai Fund Company, the request of the company if the fund manager is required to assist the investigation, must be the first time to report to the office.

"This means that the local regulatory authorities are not fully aware of the matter and that the investigation comes from a higher level." "said one industry insider.

"Big Data"

Pull out dozens of accounts

Several fund executives said the survey originated from day-to-day monitoring of the exchange's inspection system. "Involved in dozens of accounts, in fact, these transactions in the day-to-day monitoring of different activities, but did not expect the regulatory layer this time so much determination to crackdown." ”

The so-called "big data" of the stock exchange is a general term for the oral communication of a series of supervisory systems of Shanghai and Shenzhen stock exchanges. In the case of the Shenzhen stock, this March, the Shenzhen Stock Exchange, general manager liping in the "two sessions" during the public said, Shenzhen has a dozens of-person monitoring room, if the share price deviated from the market trend, there are more than 200 indicators, will send a person immediately check, the listed companies have special information published, behind the scenes is who. If there are investors in the company has not released high transfer, restructuring and other good news, the first time to buy a stock, then the unit appeared to be different, Shenzhen stock will monitor this behavior and reported to the SFC, the SFC to decide whether to file.

Liping said that in recent years, because of the popularity of the internet, the speed and breadth of information dissemination has increased significantly, Shenzhen special to the United States to learn the Sonai system, the system mainly regulates the Nasdaq market, the OTC market, the futures market fraud, processing 10,000 messages a day, will produce 50-60 alarm information, Shenzhen will further study foreign advanced technology.

And Malle, a former fund manager who broke out in July this year, used a case of non-public information trading, exposing the day-to-day monitoring of the exchange. At that time, the Shenzhen stock Exchange in the day-to-day monitoring, found a 1 billion-yuan account heavy warehouse and Malle at the helm of the Bo when the selection height coincide. Further investigation found that a 30 million-dollar account is also the case, after the exchange reported to the SFC and file.

"There are a lot of companies involved in this investigation, and there may be more regulation than expected," he said. "The auditors of several fund companies said so.

Inspection team

Accelerated enforcement of the expansion

Some insiders pointed out that the "black" can be carried out in a wide range, in addition to the monitoring system, but also with the SFC audit team expansion relationship is very large.

Earlier in August, the SFC chairman Xiao in the Securities and Futures Inspection Law enforcement Conference pointed out that in 2008-2012, the number of SFC cases than the previous five growth of 66%, foreign-related cases increased by 169%, the complexity of the case and the difficulty of handling cases, but the total number of system inspectors less than 600 people, The proportion of total system is less than 20%, and the contradiction between personnel disposition and law enforcement task is increasingly prominent. Therefore decided to add 600 inspectors law enforcement officers, to achieve system-wide inspection law enforcement team on the existing basis of double.

Xiao also said at the time that the focus of supervision should be shifted to strengthen the inspection of law enforcement work. He also said: "Some agencies are not actively engaged in the case, find all kinds of reasons to evade, and some even for many years has never taken the initiative to legislate a case, audit law enforcement work in a state of neglect." ”

Industry insiders judged that the "Shanghai 5 fund managers were investigation", as Today (28th) the Fund Industry Association convened a number of fund company inspectors in Changsha to convene an annual training, when the regulator will interact with the inspector general, more details or will surface.