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Provisions of China Securities Regulatory Commission on Administrative Reconsideration
A citizen, a legal person or any other organization refuses to accept a specific administrative act made by the China Securities Regulatory Commission or its dispatched office or authorized organization, and may apply to the China Securities Regulatory Commission for administrative reconsideration under any of the following circumstances: (1) refuses to accept the administrative punishment decision made by the China Securities Regulatory Commission or its dispatched office, such as warning, fine, confiscation of illegal income, order to close down, revocation of post-holding qualification or securities business qualification, and revocation of business license; (2) Refusing to accept the decision made by the China Securities Regulatory Commission or its dispatched office to ban entry into the securities and futures market. (three) the China Securities Regulatory Commission or its dispatched offices take administrative compulsory measures such as freezing, sealing up and restricting transactions; (4) Dissatisfied with the administrative supervision measures taken by the China Securities Regulatory Commission or its dispatched offices, such as restricting business activities, revoking domestic branches within a time limit, restricting dividends, restricting property transfer, ordering shareholders to restrict the exercise of shareholders' rights, ordering the replacement of directors, supervisors and senior managers or restricting their rights; (five) that the China Securities Regulatory Commission or its dispatched institutions or authorized organizations infringe on their legitimate business autonomy; (six) that meet the statutory conditions, apply for administrative license of securities and futures, the China Securities Regulatory Commission or its dispatched offices failed to handle; (seven) that the specific administrative acts of the China Securities Regulatory Commission or its dispatched offices in the work of government information disclosure infringe upon their legitimate rights and interests; (eight) that other specific administrative acts of the China Securities Regulatory Commission or its dispatched institutions or authorized organizations infringe upon their legitimate rights and interests. The following acts of the China Securities Regulatory Commission or its dispatched offices or authorized organizations do not fall within the scope of applying for administrative reconsideration: (1) Administrative sanctions and other personnel handling decisions made by the China Securities Regulatory Commission or its dispatched offices or authorized organizations against its staff; (2) Mediation of civil disputes over securities and futures by the China Securities Regulatory Commission or its dispatched offices or authorized organizations; (three) administrative mediation and administrative reconciliation made by the China Securities Regulatory Commission or its dispatched institutions; (4) Non-mandatory administrative guidance on securities and futures; (5) Repeatedly handling complaints filed by the China Securities Regulatory Commission or its dispatched offices against citizens, legal persons or other organizations; (6) Decisions made by securities and futures exchanges or securities and futures industry associations against citizens, legal persons or other organizations in accordance with self-discipline rules; (7) Acts that have no actual impact on the rights and obligations of citizens, legal persons or other organizations.