China News Service, April 17th, according to the website of the China Securities Regulatory Commission, the China Securities Regulatory Commission issued an announcement on the 17th that in order to standardize the investment consulting business of securities funds (hereinafter referred to as investment consulting business), protect the legitimate rights and interests of investors and related parties, and maintain the capital market In order, the Securities Regulatory Commission drafted the "Administrative Measures on Securities Fund Investment Consulting Business (Draft for Comment)" (hereinafter referred to as "Administrative Measures"), and solicited opinions from the public.
Announcement screenshot
According to the announcement, the investment consulting business is a basic capital market intermediary service, which plays an active role in eliminating information asymmetry in the capital market, promoting the professional division of labor among intermediaries, and strengthening investor education. At the same time, due to the rapid development of the market and changes in the internal and external environment, some outstanding problems have also been exposed in the development of investment consulting business. It is necessary to formulate unified departmental regulations based on the development of the industry and comprehensively regulate the investment consulting business to ensure the long-term standardization of the industry development of.
The main contents of the "Administrative Measures" include: first, to clarify the type and connotation of the business, and to incorporate the securities investment consulting business stipulated in the "Securities Law" and the "Interim Measures for the Administration of Securities and Futures Investment Consulting" and the fund investment consulting business stipulated in the "Securities Investment Fund Law" It is integrated into securities fund investment consulting business, and is specifically divided into securities investment consulting business, fund investment consulting business, and publishing securities research report business; the second is to make access arrangements by category, and clearly engage in securities fund investment consulting business should be approved by the China Securities Regulatory Commission It will approve or register, and clarify the specific access requirements and application approval procedures in accordance with the provisions of the higher-level law; third, strengthen compliance internal control requirements, and require investment consulting institutions to improve compliance management, internal control, and risk management; fourth, establish The business organization method of providing services for the main body of the organization to comprehensively improve the quality of service; Fifth, improve personnel management and code of conduct requirements, strict qualification management of practitioners and senior executives, and require investment consulting institutions and practitioners to be honest, trustworthy, and diligent; Improve the exit mechanism and strengthen After regulation.
The announcement said that all sectors of the society are welcome to put forward valuable opinions on the "Administrative Measures", and the CSRC will carefully study the feedback of all parties and further improve the "Administrative Measures" and release it for implementation.