Article 1 In order to regulate the proper management of securities and futures investors and safeguard the legitimate rights and interests of investors, these Measures are formulated in accordance with the Securities Law, the Securities Investment Fund Law, the Regulations on the Supervision and Administration of Securities Companies, the Regulations on the Administration of Futures Trading and other relevant laws and administrative regulations.
Article 2 These Measures shall apply to selling publicly or privately issued securities, publicly or privately issued securities investment funds, equity investment funds (including venture capital funds, hereinafter referred to as funds), publicly or privately transferred futures and other derivative products to investors, or providing relevant business services to investors.
Article 3 Institutions that sell securities and futures products or provide securities and futures services to investors (hereinafter referred to as operating institutions) shall abide by laws, administrative regulations, these Measures and other relevant provisions, be diligent and conscientious in the process of selling products or providing services, fully understand the situation of investors, conduct in-depth investigation and analysis of product or service information, make scientific and effective evaluation, and fully reveal risks. Based on the different risk tolerance of investors, different risk levels of products or services, etc., put forward clear suitability matching opinions, sell or provide suitable products or services to suitable investors, and bear legal responsibility for illegal acts.
Article 4 On the basis of knowing the products or services and listening to the opinions of operating institutions on their appropriateness, investors should make prudent decisions according to their own abilities and independently undertake investment risks. Appropriate matching opinions of business organizations do not mean that they make substantive judgments or guarantees on the risks and benefits of products or services.
Article 5 The China Securities Regulatory Commission (hereinafter referred to as the China Securities Regulatory Commission) and its dispatched offices shall supervise and manage the performance of appropriate obligations by operating institutions in accordance with laws, administrative regulations, these Measures and other relevant provisions.