Chinese Securities Regulatory Commission Official Under Investigation

According to PANews, Yao Qian, the Director of the Science and Technology Regulatory Department and the Director of the Information Center of the China Securities Regulatory Commission (CSRC), is currently under investigation for serious disciplinary and legal violations. The Central Commission for Discipline Inspection and the State Supervisory Commission stationed at the CSRC, along with the Guangdong Provincial Commission for Discipline Inspection and Supervision, are conducting the disciplinary review and investigation. Yao Qian is being investigated by the Shanwei City Supervisory Committee in Guangdong Province. Further details about the investigation or the specific allegations against Yao Qian have not been disclosed.