# Financial Purge

China’s Regulatory Irony: Former CSRC Vice Chairman Prosecuted for the Very Crimes He Vowed to Crush

Former CSRC Vice Chairman Wang Jianjun is being prosecuted for taking massive bribes and abusing his power over IPO approvals and corporate financing. The case highlights a stark contrast between his public 'tough on crime' stance and his alleged role in systemic corruption within China's top securities watchdog.