China to enrich means and methods to combat securities market violations

0 Comment(s)Print E-mail Xinhua, February 23, 2024
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BEIJING, Feb. 23 (Xinhua) -- China's top securities regulator on Friday said that it will intensify law enforcement efforts and enrich the means and methods to tackle unlawful market practices.

Li Ming, chief of the Enforcement Bureau of the China Securities Regulatory Commission (CSRC), said at a press conference that the CSRC will adhere to the rule of law, continue to improve law enforcement efficiency within the scope of legal authorization, increase law enforcement efforts, and enrich the means and methods in disciplinary action and punishment.

Li said the CSRC will take comprehensive regulatory measures such as administrative penalties, market entry bans, breach-of-trust punishments, and forced delisting for serious violations. It will also turn to litigation and criminal law in its efforts to deal a severe blow to market violators. Enditem

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