Monday, December 20, 2010

Commission crackdown on unlawful securities activities build long-term mechanism.

<P>: Http:// News, (Evening News): led by the China Securities Regulatory Commission Coordination Group to combat illegal securities activities, yesterday held its first working meeting, the CSRC Chairman Shang Fulin said that this year will actively promote local government ., set up to combat illegal securities activities of long-term mechanism. .</ P> <P> Shang Fulin said China's capital market with the increasingly active in 25 provinces across the country have appeared in the overseas market in the name of promoting so-called "IPO" and other illegal securities activities. .At present the Commission has played on hundreds of suspected illegal securities activities of companies in the survey. .It is understood that the ever-changing patterns of illegal securities activities, are highly concealed, investors are mostly retirees, laid-off workers and other social groups. .</ P> <P> remind the China Securities Regulatory Commission, either through an acquaintance, or through a number of investment advisory companies, including the legal establishment of property rights exchange, not the regular channels to buy shares, the only legal way is through the securities company .legally established securities business departments to buy stocks. .According to the investigation, alleged illegal issuance of shares of companies 80% from Shaanxi, Sichuan and other western areas, and illegal intermediaries in the securities business 70% are concentrated in Beijing, Shanghai and other eastern regions. .</ P> <P> </ P>.

No comments:

Post a Comment