It is impossible for the CSRC not to crack down on the bookmakers. The purpose of China Securities Regulatory Commission is to crack down on stock price manipulation, which is also called "bookmaker". Bankers manipulate stock prices, which experts are familiar with. The stock price manipulation is moderate, and the surgical traces are not obvious. After the private placement entered the market, they were eager to manipulate the stock price for profiteering and quickly chop leeks. Easily monitored. Regardless of whether the stock price manipulation is successful or not, the evidence is in the hands of the CSRC. In the face of high fines or disapproval, it is forbidden to enter the market.

China Securities Regulatory Commission is a ministerial organization directly under the State Council. According to the laws, regulations and the authorization of the State Council, supervise and manage the national securities and futures market in a unified way, maintain the order of the securities and futures market, and ensure the legal operation of the securities and futures market.

Responsibilities of China Securities Regulatory Commission:

(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 rules, regulations and measures for the supervision of securities and futures markets.

(2) Leading the State securities and futures regulatory body to exercise centralized and unified supervision over the securities and futures market. Manage the leading bodies and members of relevant securities companies.

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

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

(five) to supervise the issuance, listing, trading, custody and settlement of stocks, convertible bonds, bonds of securities companies and other securities designated by the State Council to be in charge of the China 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.

(6) Supervising domestic enterprises to directly or indirectly issue shares and go public overseas, and overseas listed companies to issue convertible bonds overseas; Supervise domestic securities and futures institutions to set up securities and futures institutions overseas; Supervise overseas institutions to set up securities and futures business institutions in China to engage in securities and futures business.

(seven) to supervise the securities and futures institutions, securities investment fund management companies, securities registration and settlement companies, futures settlement institutions, securities and futures investment consulting institutions and 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 the China Securities and Futures Association to carry out the qualification management of securities and futures practitioners.

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

(nine) to supervise the release of securities and futures information, and to be responsible for the statistics of securities and futures markets and the management of information resources.

(10) Examining and approving the qualifications of accounting firms, asset appraisal institutions and their members to engage in securities and futures intermediary business in conjunction with relevant departments, and supervising the activities of law firms, lawyers, qualified accounting firms, asset appraisal institutions and their members. Members are engaged in securities and futures-related businesses.

(eleven) to investigate and deal with illegal acts of securities and futures according to law.

(12) Centralized foreign exchange management and international cooperation in the securities and futures industry.

(thirteen) to undertake other tasks assigned by the State Council.