The principle of unified government supervision and self-discipline of securities management industry

In order to limit and dissolve market risks and maintain normal market order, it is necessary to supervise the securities market. The supervision of the securities market in various countries includes two modes: the establishment of securities supervision departments by the government and the establishment of self-regulatory organizations by securities operating institutions. China implements the mode of combining unified government supervision with industry self-discipline. "Securities Law" stipulates: "the State Council Securities Regulatory Authority shall exercise centralized and unified supervision and management over the national securities market according to law. The securities regulatory authority in the State Council may, if necessary, set up a representative office to perform the supervision and management duties according to the authorization. " "Under the premise of centralized and unified supervision and management of securities issuance and trading activities by the state, the securities industry association shall be established according to law to implement self-discipline management."

Tips:

1. The above contents are for reference only and do not make any suggestions;

2. Before investing, it is recommended that you first understand the risks existing in the project and have a clear understanding of the investors, investment institutions, chain activity and other information of the project, instead of blindly investing or straying into the capital market. Investment is risky, so be cautious when entering the market.

Response time: 2021-12-31. Please refer to the latest business changes announced by Ping An Bank in official website.