BEIJING -- The China Securities Regulatory Commission (CSRC) said on Friday that punishment on insider trading will become more harsh in order to "purify" the capital market environment.
The CSRC said in a statement that it will make more efforts to clamp down on the leaking and prying of non-public information involved in securities trading.
The commission has busted 20 cases of insider trading this year and penalized one institution and 31 individuals.
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