Private equity IT Lin Yiping was fined 177 million for copying company work and engaging in insider trading, and has been banned from the market for 5 years.

A private equity IT personnel was caught insider trading and engaging in "rat trading", and was fined a total of 177 million yuan and banned from the market for 5 years. Recently, the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission announced the administrative penalty decision against Lin Yiping for insider trading. Lin Yiping was found to have violated the relevant regulations of the Securities Investment Fund Law of the People's Republic of China, the Interim Measures for the Supervision and Administration of Private Investment Funds, and the Regulations on the Supervision and Administration of Private Investment Funds. He was ordered to correct his actions, warned, confiscated illegal gains of 88.57 million yuan, fined the same amount, totaling 177 million yuan in fines. In addition, Lin Yiping was prohibited from the securities market for 5 years.