BEIJING - CHINA'S Securities Regulatory Commission (CSRC) imposed fines and other penalties after investigating 66 cases of illegal 2008 securities trade as of the end of September, Xinhua news agency reported on Saturday.

The cases involved insider trading, market manipulation and violation of information disclosure regulations and resulted in 43 administrative punishments, fines of 147 million yuan (S$32.25 million) and confiscated illegal income of 153 million yuan, it said.

The CSRC said it revoked securities business licences for 13 people, and it banned two people from engaging in securities fund business.

In one case, the China Securities Journal reported, an unlicensed broker was fined after having illegally collected commissions totalling 7.2 million yuan from 200 investors.

Separately, the China News Service said the CSRC would fine a legal representative of an investment consultancy as much as 100 million yuan, and all the consultancy's income would be confiscated after it 'manipulated' unspecified share trading.

The report said further details would be announced soon. -- REUTERS