Commission new rules: dormant accounts will be suspended from trading.

<P>: Http:// hearing, the Commission governance sleep, unqualified accounts </ P> <P> 13, China Securities Regulatory Commission news release, has recently issued a notice requiring securities companies to do more to account for normative work .real meticulous, and comprehensively promote customer transactions settlement funds the work of third-party depository. .</ P> <P> Commission said that as the account normative work mainly involves "dormant account" and the unqualified accounts, holding accounts for most of the information is true, accurate and complete investor, the transactions will not be affected .. .It is reported that a number of deposited securities trading account assets is lower than required, long-dormant accounts do not use a large number of occupied the stock exchange, securities company's system resources, this, the SFC is temporarily out of the deal to the field of dormant accounts, .Separate storage management application used to be investors, verified and standardized account to be activated after the activation recovery method used. .Prior to this, the securities of small companies generally dormant account can only be sold to the Metropolitan, the measures can not buy, the Commission issued a notice in fact makes the dormant accounts actually frozen state. .China Merchants Securities, Wuhan Xudong Lu Guo Min, deputy general manager of business with the explanation that the provisions of the Commission adopted a temporary ban on dormant account measures trade, if investors want to re-trade counter sales department needs to apply, and then .can normal trading. .Account for the failure, the Commission requires securities companies to gradually depending on the circumstances to take custody transfer restrictions, restrict access to money, limit bid and other control measures. .The specification fails to account for the failure to put another stock, suspended trading account fully meet the eligibility conditions, before resuming the use; for the failure of assets account balance of zero in accordance with the relevant provisions of the company for cancellation of registration and settlement procedures. .Specifications on the new account, the SFC requires registration and settlement companies to strengthen the agency business of securities companies to open an account supervision and inspection, and increase the responsibility of the newly opened account the treatment of persons disqualified efforts to take internal communications, public reprimand, suspension until .the abolition of agency accounts and other measures related qualification. .</ P>.