Original title: Better use of the wealth management function of the capital market to strengthen investor protection
● Our reporter Zan Xiuli
Yan Qingmin, vice chairman of the China Securities Regulatory Commission, awarded the license and delivered a speech for the fourth batch of 18 national securities and futures investor education bases on September 23. He emphasized that the wealth management function of the capital market should be better utilized, investor protection should be further strengthened, and investors’ sense of gain should be continuously enhanced. The China Securities Regulatory Commission will further strengthen the supervision and management and classified guidance of the investment and education bases, give full play to the territorial supervision and service role of the dispatched institutions, and promote healthy competition and dynamic adjustment of the investment and education bases.
Improve the three-dimensional organic insurance system
Yan Qingmin pointed out that investors are important participants in the capital market and are the foundation for the sustainable development of the capital market. The China Securities Regulatory Commission has always insisted on being the guardian of the legitimate rights and interests of small and medium investors, and has continued to improve the three-dimensional and organic investor protection system.
This year, the securities class action system with Chinese characteristics was officially launched, and the online litigation and docking platform for securities and futures disputes was fully launched. The large-scale investor protection publicity campaign “Heart of Investors Working Together-Keeping the Original Mind and Taking the Mission and Doing Practical Work for Investors” was successful Held, investor education services are more targeted, and various tasks have achieved positive results. Generally speaking, in the one and a half years after the implementation of the new securities law, investor protection has been further integrated into all links and the entire process of the work of the Securities Regulatory Commission, and a three-dimensional investor protection pattern has gradually formed.
“At present, individual investors in my country’s capital market have exceeded 190 million, and small and medium-sized investors holding a stock market value of less than 500,000 yuan accounted for 97%. Investor protection involves the vital interests of hundreds of millions of families.” He said, In accordance with the “three-step” layout, the China Securities Regulatory Commission has promoted the reform of the registration system in an orderly manner in the entire market. The reform of the registration system has brought about the transformation of regulatory concepts, regulatory systems, and regulatory methods, has led to the innovation of a series of key systems, and has brought new issues and challenges to investor protection. At the same time, long-term strategic goals such as promoting common prosperity in high-quality development also put forward higher requirements for investor protection.
Enhance investors’ sense of gain
Yan Qingmin emphasized that the capital market is related to the “pocket” of the broad masses of people, and it is necessary to make better use of the wealth management function of the capital market, further strengthen investor protection, and continue to enhance investors’ sense of gain.
The first is to further consolidate the institutional foundation and allow investors to share the dividends of capital market reform. Protecting the legitimate rights and interests of investors, so that the majority of investors will have a greater sense of gain in the comprehensive and deepening reform of the capital market, is a manifestation of the people’s position of supervision work, and it is also the original mission of supervision work. It is necessary to effectively integrate the promotion of registration system reform with investor protection, and to deeply understand that investor protection is the proper meaning of registration system reform. Whether the legal rights and interests of small and medium investors can be protected more effectively is a measure of registration system reform. The key factor of effectiveness. It is necessary to establish an overall awareness, adhere to a systematic thinking, and protect the legitimate rights and interests of investors, especially small and medium investors, throughout all aspects of supervision. It is necessary to accelerate the improvement of the securities law enforcement judicial system and mechanisms, improve various investor education protection and rights relief mechanisms, further optimize the investor suitability management system, and orderly promote the normalization of representative litigation in securities disputes, so that various reform measures are more compatible Market demand truly reflects the voice of investors, allowing investors to participate in the capital market more equitably and better share the fruits of economic growth.
The second is to further strengthen investor education and help the high-quality development of the capital market. A high-quality capital market requires a team of mature and rational investors. Investor education is an important guarantee for the long-term and healthy development of the capital market. It is necessary to further enhance the pertinence and effectiveness of investor education, provide investors with higher quality and more effective education and services, and enable investors to better participate in, Support and cooperate with market development, and cultivate a team of investors that are more compatible with high-quality capital markets. By strengthening the popularization of knowledge and risk warning, normalize the promotion and education of preventing and cracking down on illegal securities and futures activities, and improve the ability of investors to identify and prevent risks. (Next to A02 version)
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