After investigation, the brokerage business of Caitong Securities Co., Ltd. had deficiencies in internal system construction, account monitoring, early warning processing, and authority management. Proprietary businesses have shortcomings in the areas of independence of departments and positions, review of transaction instructions, monitoring of inquiry activities, deployment of compliance personnel, and audit work. The Zhejiang Regulatory Bureau of the Securities Regulatory Commission decided to take administrative supervision and management measures to issue a warning letter against Caitong Securities Co., Ltd. and record it in the securities and futures market integrity file.

After investigation, Caitong Securities Co., Ltd. has shortcomings in the brokerage business in terms of internal system construction, account monitoring, early warning processing, and authority management. Proprietary businesses have shortcomings in the areas of independence of departments and positions, review of transaction instructions, monitoring of inquiry activities, deployment of compliance personnel, and audit work. The Zhejiang Regulatory Bureau of the Securities Regulatory Commission decided to take administrative supervision and management measures to issue a warning letter against Caitong Securities Co., Ltd. and record it in the securities and futures market integrity file.