Comments 
Print 
Mail 
Large Medium SmallBEIJING - China's securities regulator on Saturday pledged to intensify punishment for severe stock market violations amid rising such offences.
Jiang Yang, vice chairman of China Securities Regulatory Commission (CSRC), told a listed-companies summit that in the first six months, 26 cases had been submitted to investigations, representing a hefty increase from the same period a year ago.
Stricter supervision and enforcement has played a positive role in promoting openness and fairness, and protecting small investors' interests, he noted.
In the next step, Jiang said CSRC will enhance preemptive oversight, streamline its administrative procedures, and rely on laws to regulate the capital market.
In addition to insider trading, CSRC will also enhance crackdown on false information disclosure, listing fraud and illegal activities by brokerages.
Systematic risks are the bottom line that can never be breached, he added.
New girls get a lesson in combat
Chinese navy starts escort mission at Gulf of Aden
In you go
Removal of illegal villa unfinished within deadline
Chaos as landslides and mud torrents swell South
Floods cut off roads in NE China's county
Sign language spoken at cafe in C China
Weekly Photos: Aug 19-25
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
