# China Securities

Gatekeeper in the Crosshairs: China to Prosecute Former IPO Chief in Widening Financial Crackdown

Guo Xudong, a former top IPO regulator at the CSRC, faces prosecution for 'shares-for-favors' corruption and revolving-door misconduct. The case highlights Beijing's aggressive crackdown on financial sector gatekeepers to restore market integrity and investor trust.