Chinese regulator suspected of complicity in dubious stock-trading
Chris Hamblin, Editor, London, 22 June 2015
The China Securities Regulatory Commission has fired an official after her husband was found to have traded shares.
Li Zhiling, a section chief under the CSRC stock issuance supervision department, was dismissed and is under investigation for 'abuse of power,' an activity that includes insider-dealing.
The South China Morning Post reports that the judicial organ for job-related crime now has the case. It is against the law for the spouse of a regulator to deal in stock.