China Securities Regulatory Commission said it would speed up the revision and improvement of the new securities law

来源:人民网 Release time: 2019-12-30 10: 14Source : People's Network

Our newspaper, Beijing, December 29 (Reporter Wang Junling) The China Securities Regulatory Commission stated on the 29th that it will fully understand and master the relevant systems and measures stipulated in the new securities law, speed up the formulation, modification and improvement of supporting rules and regulations, and improve the basic system of the securities market.

The newly revised Securities Law was voted through at the closing meeting of the 15th Session of the 13th National People's Congress Standing Committee on the 28th, and will be implemented from March 1, 2020.

The Securities Regulatory Commission published an article on the official website on the 29th, stating that the current revision of the securities law systematically summarizes the years of practical experience in China's securities market reform and development, regulatory enforcement, and risk prevention and control, and is the basis for an in-depth analysis of the securities market's operating laws and developmental characteristics In the past, a series of new system reforms and improvements have been made, including the comprehensive implementation of the securities issuance registration system, the significant increase in the cost of securities violations, violations of investor protection systems, and further enhancement of information disclosure requirements.

The CSRC stated that it will strictly implement the revised provisions of the law, continuously improve the level of supervision and law enforcement, and give full play to the new securities law's active role in advancing market reforms, maintaining market order, strengthening market functions, and protecting the legitimate rights and interests of investors. effect.

Editor-in-chief: Yang Bowen

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