Raise the threshold of the SFC sponsors dozens of companies will lose eligibility.

<P> A single project or investment bank to be six to eight sponsor representative </ P> <P> if the guidelines provided in the final guidelines, which will sponsor dozens of representatives of securities companies face a shortage of qualified sponsors eventually lost .risk. .</ P> <P> Commission convened last week, head of a small number of securities companies will be introduced to Beijing to discuss about a sponsor in-house risk control, guidance documents, according to an audience yesterday to the "First Financial Daily" said, .the focus of discussion include the "line item should be a vote of two sponsor representatives," raised to "six to eight sponsor representative should be." .</ P> <P> the issuance of securities regulation system is more than ten years to a maximum intensity of comb: Sponsor way, inquiry rules are being revised, the investment banks to develop internal guidelines for the forthcoming, more clearly structured securities issuance will be able to establish a system of rules .. .</ P> <P> most securities firms has not been invited to participate in the meeting, the participants said that the guidelines related to internal business sponsors will soon be introduced, the fastest will be introduced this month. .</ P> <P> required for the project sponsor for the number of investment banks rose by two to six to eight of the discussion, various views of different brokers bankers. .If the guidelines provided in the final guidelines, which will sponsor dozens of representatives of securities companies face a shortage of qualified risk of eventually losing sponsors. .</ P> <P> a large head of investment banking securities firm, said yesterday: "I agree with the sponsor required for the project investment bank upwards to six to eight the number of practices. Now the sponsor representative high turnover, only two sponsors .representative of the investment bank to do a project is not enough to prevent the risk of distribution of benefits, such as they do a project, quit halfway done, the costs are picked, but who is going to continue to do? However, we have no shortage of big securities companies sponsor representatives .But many small securities company is missing. "</ P> <P> a medium-sized investment banking securities company executives said in a clear reference to six to eight can not sponsor representative:" I think two is enough. ."In addition, a sponsor has more than thirty representatives of the broker is also general manager of investment banking in favor of their views. .</ P> <P> official website of the Commission on July 6 updated list of sponsors and sponsor representatives, the sponsor of the ranking is based on the amount of sponsor representative to the production of GF Securities to 37 .The total number of sponsor representatives came in first, Debon securities, Soochow Securities, China Euro Securities, Tianyi Securities, Bohai Securities, the securities of state sponsors happens to have eight representatives. .</ P> <P> in this forum, also referred to cancel the guidance of one year, the best use of additional funds not to exceed the scope of the main business of listed companies should not sponsor the discussion of frequently changing content. .</ P>.