弊端丛生 meaning in English

all kinds of corrupt practices prevailing; all kinds of corruption creep in

In light of the growing problems involving illegal brokerage of unlisted stocks , where not only a fair and transparent trading system was lacking , their settlement also involved tremendous risks . in the efforts to address this issue , we established the emerging stock market on january 2nd of this year
鉴于以往未上市柜股票透过盘商仲介交易弊端丛生，不仅发行公司资讯不明，相关财务业务资料不能即时公开交易资讯也没有客观公正的揭示管道，成交资讯更是付之阙如。