BEIJING, May 17 (Xinhua) -- China Securities Regulatory Commission (CSRC) unveiled on May 15 a batch of rules and plans that are closely related to investor protection to better protect capital market investors, reported Xinhua Finance.
CSRC released in total 10 sets of rules and plans in this regard, including the interim rules on securities market program trading, a work plan to optimize the resolution mechanisms for securities and futures disputes and reinforce governance of complaint sources, and regulations for related self-discipline organizations and investor protection organizations.
CSRC made public the rules and plans during an activity held on May 15.
Wu Qing, head of CSRC, said in his speech delivered during the activity that CSRC has always taken protection of the legitimate rights and interests of investors as its fundamental mission and a prioritized task since its establishment.
Currently, CSRC is working on integrated promotion of strong regulation, risk prevention and facilitation to high-quality development to speed up crafting of a safe, well-regulated, open, vibrant and resilient capital market.
CSRC has unveiled a series of investor protection-oriented rules including ones on tightening from the start regulation over public listing of firms on capital market and those to guide industry participants to fulfill their duties with due diligence.
In the future, CSRC will continue to attach importance to investor protection in all aspects related to the system building, regulation and law enforcement on capital market.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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