Legal analysis: Informants should report under their real names, provide information such as their names, identities and addresses, and provide specific facts, detailed clues and objective evidence that violate securities and futures laws and regulations, which can be verified by securities and futures regulatory agencies, so that effective complaints and reports are illegal acts explicitly prohibited by securities and futures laws and regulations, and stipulate administrative legal responsibilities. Specific illegal acts can be divided into six categories: insider trading, trading with undisclosed information, market manipulation, illegal information disclosure, illegal information disclosure and other illegal acts. The report center is responsible for handling reports that can be used as investigation clues of audit cases. The investigation clues of audit cases that meet the reporting conditions shall be registered in other materials and transferred to the relevant departments of China Securities Regulatory Commission for handling according to regulations. The relevant departments may, according to the division of responsibilities, transfer them to the CSRC, the exchange and other units for handling. For registered reports, the China Securities Regulatory Commission comprehensively supervises law enforcement.

Legal basis: Article 176 of the Securities Law of People's Republic of China (PRC), any unit or individual has the right to report suspected securities violations to the the State Council Securities Regulatory Authority. If the real-name clues suspected of major violations of laws and regulations are verified, the the State Council Securities Regulatory Authority will reward the informants according to the regulations. The State Council Securities Regulatory Authority shall keep confidential the identity information of informants.