The securities regulatory agency is a state administrative agency, and it is the competent institution established by the state or the government to supervise and manage the securities market. The securities supervision and administration institution refers to an institution established according to law to supervise and manage the issuance and trading of securities.

According to the relevant laws and regulations, the China Securities Regulatory Commission shall perform the following duties in the supervision and management of the securities market:

(1) To study and formulate the principles, policies and development plans of the securities and futures markets; Draft relevant laws and regulations on the securities and futures market, and put forward suggestions for formulation and revision; Formulate laws, regulations and measures for the supervision of securities and futures markets.

(two) vertical leadership of the national securities and futures regulatory agencies, the securities and futures market to implement centralized and unified supervision; Manage the leading bodies and members of relevant securities companies.

(3) Supervising the issuance, listing, trading, custody and settlement of stocks, convertible bonds, bonds of securities companies and other securities designated by the the State Council Securities Regulatory Commission; Supervise the activities of securities investment funds; Approve the listing of corporate bonds; Supervise the trading activities of listed government bonds and corporate bonds.

(four) to supervise the securities market behavior of listed companies and their shareholders who must perform relevant obligations according to law.

(5) Supervising the listing, trading and settlement of domestic futures contracts; Supervise domestic institutions to engage in overseas futures business according to regulations.

(6) Managing securities and futures exchanges. Senior managers in charge of securities and futures exchanges according to regulations; Centralized management of securities industry and futures industry associations.

(seven) supervision of securities and futures institutions, securities investment fund management companies, securities registration and settlement companies, futures settlement institutions, securities and futures investment consulting institutions, securities credit rating agencies; Examining and approving the qualifications of fund custody institutions and supervising the fund custody business; To formulate measures for the administration of the qualifications of senior managers of relevant institutions and organize their implementation; Guide China Securities Industry and Futures Industry Association to carry out qualification management of securities and futures practitioners.