Thursday, December 23, 2010

Investors will pay for damage to government securities dealers?

With the recent stock market decline continuously, domestic securities company some hidden risk exposure, in the interests of gradually, driven by a small number of financial institutions engaged in illegal business activities, and some individual investors to pursue high returns, still buy in violation of State policy of making a financial product, or even unconsciously involved in illegal activities, exacerbated by the accumulation of financial risk. Then create the associated personal notes, customer margin, the loss of the principal financial funds, small and medium-sized investors receive a great threat.

To maintain the stability of the financial order, and further promote the development of securities markets and prosperity, protection of investors, particularly small and medium-sized investors ' interests, the Ministry of finance, people's Bank of China, the China Securities Regulatory Commission and the relevant provisions, will be introduced in accordance with the "appropriate acquisition according to the settlement," principles for rectifications, managed operations, cancellation of financial institutions (excluding futures brokerage firms, insurance companies) in personal debt and customer securities transactions settlement funds. To compensate for the loss of investors.

You can compensate losses including resident individuals have deposited in the relevant accounts in financial institutions by financial institutions on misappropriation of securities (including bonds, shares, other securities) of the financial institution's claims, the same individual creditors ' accumulated in 10 million (including $) within the Renminbi be compensation in full. The same individual creditors ' accumulated in 10 million (not including $) Yuan, according to the discount price compensation.

No comments:

Post a Comment