1. the securities law is a law that mainly regulates the issuance, trading and supervision of securities, and implements the principle of "three publics", that is, openness, fairness and justice. In addition, it also stipulates the principles of equality, voluntariness, compensation, honesty and credit, separate operation, separate management and legal operation.

2. The Code of Conduct for Securities Practitioners is a self-discipline rule formulated by China Securities Industry Association, which mainly stipulates the code of conduct and professional ethics that securities practitioners should abide by in their practice activities, and defines the self-discipline management mechanism and measures for handling violations.