China Securities Regulatory Commission Chairman Wu Qing emphasised the significance of incorporating insurance coverage into all points of system building, supervision, and legislation enforcement in the course of the “5.15 National Investor Protection Publicity Day” occasion. Wu Qing highlighted the importance of cracking down on securities violations and crimes reminiscent of fraudulent issuance, monetary fraud, insider buying and selling, and market manipulation.
Since final 12 months, the China Securities Regulatory Commission has applied rigorous supervision to fight unlawful actions within the capital market. Wu Qing reiterated the Commission’s unwavering dedication to “zero tolerance” in direction of securities crimes. The Commission is working with related events to boost securities legislation enforcement and judicial mechanisms to keep up market order.
Furthermore, the Commission is concentrated on enhancing investor rights safety and reduction channels. By using new institutional mechanisms, such because the revised Securities Law and the Futures and Derivatives Law, the Commission goals to resolve investor disputes and strengthen rights reduction. Wu Qing harassed the significance of enhancing investor schooling to assist people keep away from unlawful actions and defend their reputable rights and pursuits.
During the occasion, the China Securities Regulatory Commission launched new laws and pointers associated to investor safety. These embody the “Regulations on the Administration of Programmed Transactions within the Securities Market (Trial)” and pointers for enhancing the decision mechanism for securities and futures disputes. The Commission additionally introduced legislation enforcement instances and launched investor safety instances to advertise a market ecosystem constructed on legislation and belief.
In conclusion, Wu Qing reiterated that defending traders is the first focus of securities supervision, requiring assist from all sectors. The Commission will proceed to collaborate with stakeholders to boost investor safety mechanisms and domesticate a mature funding tradition. Through these efforts, the Commission goals to advertise the high-quality growth of the capital market and attain new heights in investor safety and market integrity.