In the past four years, violators among practitioners engaging in speculative trading have been classified as the top type of penalties issued by securities firms.

The latest research from the China Securities Regulatory Commission shows that compliance pressure in the securities industry continues to exist, with the total number of violations and breaches accelerating to 1619 occurrences from 2021 to 2024, with an annual increase from 276 to 557 occurrences, a growth rate of 101.81%. The top three areas in terms of violation types are illegal stock trading, investment banking, and brokerage services. In 2024, the proportion of violations related to illegal stock trading and other violations of professional norms is 23.52%, an increase of 12.29% from 2021; the proportion of violations related to investment banking is 37.70%, a decrease of 12.3% from 2021; and the proportion of violations related to brokerage services is 13.11%, a decrease of 6.82% from 2021.