The legal status of China Securities Regulatory Commission is established according to People's Republic of China (PRC) Securities Law and People's Republic of China (PRC) Futures Law.
According to the Securities Law of People's Republic of China (PRC), the China Securities Regulatory Commission, as a department of the State Council, has the responsibility of formulating securities market rules, supervising the securities market, punishing securities violations and protecting investors' rights and interests.
The supervision responsibilities of the CSRC involve the securities market, fund market, futures market and other fields, and its position and role in the financial industry are very important.
It should be noted that although the CSRC is an important regulator of China's financial market, it is not a court or law enforcement agency. If investors encounter investment disputes or securities violations, they need to appeal to the relevant departments or bring a lawsuit to the court.