Former Chinese Stock Market Regulator Jailed for Corruption

Former Chinese securities regulator Yao Gang (right) and Clara Furse, the then-Chief Executive of the London Stock Exchange, participate in a ribbon-cutting event at a business center for the LSE in Beijing on Jan. 18, 2008 Chinatopix via AP

BEIJING—A former Chinese stock market regulator who was detained after a collapse in share prices in 2015 was sentenced on Sept. 28 to 18 years in prison on charges of taking bribes and insider trading.

Yao Gang, a former deputy chairman of the China Securities Regulatory Commission, was one of a series of prominent figures in Chinese finance who were detained after misconduct came to light following the market rout.