In order to implement the relevant requirements of Several Opinions of the State Council on Further Promoting the Healthy Development of the Capital Market (Guo Fa [2065 438+04] 17) on improving the competitiveness of the securities and futures service industry and promoting the innovation and development of intermediary institutions, the CSRC studied the issue of further promoting the innovation and development of securities operating institutions on the basis of extensive solicitation of opinions. The general principle is that the innovation and development of securities institutions must adhere to serving the real economy, closely focus on the actual needs of the real economy to promote business and product innovation, support the development of small and medium-sized enterprises, and enhance the ability and level of securities institutions to serve the real economy; We must persist in promoting the development of modern service industry, enhance the core competitiveness of the securities industry, promote the coordinated development of financial services, and create a financial service industry with complete functions, professional division of labor and high-quality services; We must insist that securities institutions are the main body of innovation, give play to the role of market mechanism, respect the initiative spirit of securities institutions, stimulate the vitality of innovation and implement the responsibility of innovation; We must persist in preventing systematic and regional financial risks, always run compliance management and risk control through the whole process of innovation and development, adhere to honesty, put the interests of customers first, and earnestly safeguard the legitimate rights and interests of investors. In order to further promote the innovation and development of securities operating institutions, the following opinions are put forward.