Zhang Xiaojun, spokesperson of the China Securities Regulatory Commission, said that the administrative examination and approval items to be cancelled include: First, the examination and approval of new listed trading varieties on the stock exchange; Second, the examination and approval of securities exchange and securities registration and settlement fees; The third is the approval of the use of stock exchanges and securities settlement risk funds; The fourth is to approve the new shareholders or original shareholders of the National Small and Medium-sized Enterprise Share Transfer System Company to transfer their shares; Fifth, the examination and approval of new varieties listed in the national share transfer system for small and medium-sized enterprises; Sixth, the examination and approval of the merger, division or dissolution of futures trading places; Seventh, the examination and approval of the change of domicile or business premises of futures trading places; Eight is the examination and approval of the listing, modification or termination of futures exchange contracts. The name of the project to cancel the 1 professional qualification license is: approval of the qualifications of directors, supervisors and senior managers of futures companies.
The recent sharp fluctuation of the futures index has obviously attracted the attention of the regulatory authorities. Zhang Xiaojun said that recently, the stock market has fallen sharply, and the price of stock index futures contracts has also fallen sharply. According to the Report on Changes in Market Monitoring of Securities and Futures Exchanges, the CSRC decided to organize inspection and law enforcement forces to conduct special inspections on illegal clues suspected of market manipulation, especially cross-market manipulation. Those who meet the criteria for filing a case will be immediately filed for investigation and severely cracked down according to law. Those suspected of committing crimes will be resolutely transferred to the public security organs for investigation!
2065438+On July 5, 2005, in order to maintain the stability of the stock market, China Securities Regulatory Commission decided to give full play to the role of China Securities Finance Co., Ltd., raise funds through multiple channels, expand its business scale and enhance its ability to maintain market stability. The People's Bank of China will assist in providing liquidity support to China Securities Finance Co., Ltd. in various forms.
From 2065438 to September 2005, the CSRC was "full of firepower" and was not soft on illegal institutions and individuals. According to the statistics of Observer.com, from September 2 to September 19, the CSRC issued a fine of 176 billion yuan, involving many institutions and individuals such as brokers, futures companies, hedge funds and third-party trading platforms. Among them, "Niu San" Yuan Hailin was suspected of manipulating stocks and lost 278 million yuan, but was still fined 3 million yuan.
The behaviors targeted by the CSRC include market manipulation, illegal operation (securities services), violation of laws and regulations (brokerage futures), illegal reduction and short-term trading, and 40 cases were filed. Among them, 7 cases were suspected of manipulating the market, involving 1 institutions and 6 individuals. Donghai Hengxin was confiscated for allegedly manipulating 180ETF and fined 737 million yuan (550 million yuan). This is also the biggest ticket issued by the CSRC recently.