China regulator tightens scrutiny on ex-employees' investment in pre-IPO firms

China regulator tightens scrutiny on ex-employees' investment in pre-IPO firms

FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo

China‘s securities regulator said on Friday that it would tighten scrutiny on its former employees’ investments in pre-IPO companies, a move that signals the regulator‘s commitment to maintain market integrity.

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