The company has established a comprehensive business system covering securities brokerage, securities investment consulting, securities self-management, securities underwriting and sponsorship, securities asset management, securities investment fund consignment, and providing intermediary introduction for futures companies. With 42 business outlets all over Beijing, Shanghai, Shenzhen, Xiamen, Jinan, Dalian, Shenyang and major cities in Heilongjiang Province, it has formed? Covering Longjiang, radiating along the coast and laying out the whole country? Network structure; Invest and hold Jianghai Huixin Futures Co., Ltd. to establish a brokerage business framework for the coordinated development of securities and futures.
On September 16, official website, the CSRC, disclosed the Decision on Taking Business Restriction Measures against jianghai securities Limited Liability Company (hereinafter referred to as the Decision). According to the decision, due to jianghai securities's violation of relevant regulations, the regulatory authorities have taken administrative regulatory measures to suspend its self-operated bond business for six months, suspend the filing of asset management products for six months, and suspend the stock pledged repo business for six months.
The CSRC said that after investigation, it was found that in the process of bond investment and trading in jianghai securities, there were problems such as inadequate management of trader qualifications and trading behavior, inadequate management of underlying securities and counterparties, and insufficient effectiveness of compliance management and risk control. There are some problems in carrying out securities asset management business, such as illegal new channel business, chaotic internal management and inadequate risk management. There are some problems in stock pledge business, such as business decision-making, insufficient due diligence and imperfect internal control. According to the CSRC, the above acts violated Article 50 of the Guidelines for Internal Control of Securities Companies, Articles 10 and 23 of the Measures for Compliance Management of Securities Companies and Securities Investment Fund Management Companies, and Articles 60, 71 and 82 of the Measures for the Administration of Private Placement of Securities and Futures Operating Institutions, which reflected the imperfect internal control and chaotic management in jianghai securities and violated Article 27 of the Regulations on Supervision and Administration of Securities Companies.