September 22, Securities Supervision and Administration Commission held a regular meeting on Friday, the main points are as follows:

Securities Supervision and Administration Commission: Capital crocodile interest transfer, manipulation of the market, insider trading and other illegal and illegal behaviors under the hard hand, out of the heavy fist?

Recently, the Securities and Futures Commission (SFC) held a working meeting on inspection and enforcement to thoroughly implement the spirit of the National Financial Work Conference, and to study and deploy further efforts to resolutely investigate and deal with cases of securities and futures violations. The party secretary and chairman of the Securities and Futures Commission (SFC), Comrade Liu Shiyu, attended the meeting and delivered an important speech. The meeting called for a resolute crackdown on unlawful behavior that dares to touch the bottom line of the law and challenge its authority. The capital crocodile transfer of benefits, market manipulation, insider trading and other violations of the law, the hard hand, a heavy fist, severe punishment, and always maintain a high-pressure situation of inspection and law enforcement. We will always maintain a high-pressure situation of inspection and law enforcement. We will fight and investigate any violation of laws and regulations as soon as they are detected, and we will never be lenient or tolerant. Good at learning and applying modern science and technology to innovate supervision methods, and accelerate the technologization of law enforcement. To take the initiative to adapt to the Internet, big data, cloud computing and other technological revolution, to science and technology to means, efficiency, resources, based on the inspection and law enforcement of the whole chain, around the centralized data *** Ideal, the use of intelligent analysis, the investigation of the evidence tools, evidence standards control, case organization and management, investigation assistance support and other platforms and software development, to create the inspection of the case of the "killer mace! "The company's website has been updated with the latest information on the latest developments in the field.

SFC further improves mergers and acquisitions and reorganization information disclosure rules

SFC further improves mergers and acquisitions and reorganization information disclosure rules, firstly, to simplify the disclosure of reorganization proposals, shorten the suspension time. The second is to restrict and combat "flimsy" and "follow-the-wind" reorganization. Thirdly, it clarifies the standard of "through-transparency" disclosure and enhances the transparency of transactions. The fourth is to coordinate with the revision of the Administrative Measures for Major Asset Reorganization of Listed Companies to standardize the disclosure of information on reorganization and listing.

SFC announced the second batch of proposed national investment and education bases

SFC spokeswoman Gao Li introduced on the 22nd, the Commission recently announced the second batch of proposed national securities and futures investor education bases. The second batch of bases to be named include seven physical investment education bases and nine network investment education bases.

Gao Li said that if the community has any objections to the proposed bases, they can reflect the situation by October 2 via telephone, fax, letter or e-mail.

The Securities and Futures Commission (SFC) has imposed administrative penalties on Xinli Financial for information disclosure violations

SFC spokeswoman Gao Li said at a regular briefing on the 22nd that the SFC has imposed administrative penalties on a case of information disclosure violations recently.

In the case, Anhui Xinli Financial Co., Ltd (Xinli Financial) inflated its revenue and profit in its 2015 annual report, and failed to disclose relevant connected transactions and the involvement of its holding subsidiary in major lawsuits in its 2015 and 2016 annual reports. Anhui Securities Regulatory Bureau fined Xinli Financial 600,000 yuan, warned 11 responsible persons and imposed fines ranging from 30,000 yuan to 300,000 yuan respectively.

Supporting the SEC's decision!