Former Everbright exec goes to court

Ex-trader suing CSRC over lifetime ban, case adjourned to a later date

The lawsuit of a former Everbright Securities executive against the China Securities Regulatory Commission went to trial on Thursday.

Yang Jianbo, former general manager of the strategic transaction department of the Chinese brokerage firm, is suing the commission after it fined and banned him for life last year from the securities industry for insider trading.