Tuesday, December 21, 2010
Commission to ban the 11 "take the lead in big brother 777".
<P> News: China Securities Regulatory Commission spokesman said yesterday that the China Securities Regulatory Commission has the "take the lead in big brother 777" and 11 cases of illegal operation of securities business using the Internet to the end of the case investigation, has made the decision to ban these illegal activities, and relevant parties .made the decision this book, has 6 cases and 2 cases of suspected criminal clues from the crime, the transfer of public security organs. .</ P> <P> The spokesman said that with the capital markets have become increasingly active, the market means illegal activity means a new guise, the behavior is more subtle, and increasingly showing a new, diverse, network characteristics. .The SFC has always been highly concerned about development of the market changes, and constantly strengthen the supervision, the reform and regulatory means, will lead the President's office held a special meeting to study and analyze the merits of the new market environment, strengthen the supervision to combat illegal activities were put forward. .</ P> <P> in the first half, the SFC proposed penalties were issued and 173 Shichangjinru this book, try closing 31, to 34 administrative penalties and Shichangjinru decision. .The spokesman said that this year, the Commission has increased from six control and punishment. .</ P> <P> first closely with the judiciary to increase disclosure of false information and insider trading crackdown on criminal cases, investigated a number of violations of information disclosure and stock transaction cases; the second is to strengthen the information disclosure regulation, strict .reorganization of listed companies in the review process and prevent a variety of illegal funds into the secondary market; third is to continue to strengthen the regulation of securities intermediaries, backdoor listing on the securities company to take a more strict approval system; Fourth, coordination of local government established to combat .illegal securities activities of the joint enforcement mechanism, the basic curb the illegal securities activities of multiple momentum; Fifth, together with public security departments to crack down on a number of new securities through the Internet illegal activities; Sixth, self-examination and supervision department of the company combined .resolutely combat the use of "Rat" and other means of illegal profit-making activities. .At the same time, the PBC, CBRC, SAFE, the Ministry of Finance and other departments, respectively, from the monetary policy, bank capital regulation, check the inflow of foreign exchange, fiscal policy and so the introduction of a series of policies regulating the market order, strengthen market supervision and also produced .an active role. .</ P> <P> The spokesman stressed that the future will strengthen supervision and law enforcement to combat illegal securities activities continue to promote the work, especially in key areas to promote the establishment of appropriate mechanisms for joint enforcement mechanism and leadership. ."By keeping the pressure against trend, remove the black sheep, and to protect 'open, fair and just' the market order and safeguard the healthy and stable development of the securities market." </ P>.
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