China News Service, Beijing, February 28 (Reporter Chen Kangliang) The China Securities Regulatory Commission announced on the 28th that Wu Qing, Chairman of the China Securities Regulatory Commission, recently chaired a symposium on the construction of the rule of law in the capital market to listen to opinions on improving the basic system of the capital market and strengthening the protection of the rule of law. suggestions.
Relevant responsible persons from the Legal Affairs Committee of the Standing Committee of the National People's Congress, the Supreme People's Court, the Supreme People's Procuratorate, the Ministry of Public Security, and the Ministry of Justice, as well as some experts, scholars and lawyer representatives attended the discussion.
At the symposium, the participating representatives spoke enthusiastically, fully affirming the breakthrough progress made in the legal construction of China's capital market in recent years, and put forward opinions and suggestions on the next work ideas and key measures.
Representatives at the meeting believed that to run the capital market well, we must adhere to the direction of market-oriented and legal reform, speed up legislative amendments in various fields such as listed company supervision, securities company supervision, securities investment fund supervision, bond supervision, etc., timely evaluate and improve business rules, and ensure institutional guarantees Good laws and good governance in the capital market.
The securities and futures law enforcement and judicial system with Chinese characteristics should be further improved, the execution connection mechanism should be optimized, efficient coordination of law enforcement and justice should be strengthened, administrative, civil and criminal three-dimensional accountability should be increased, and the effectiveness of "zero tolerance" law enforcement should be comprehensively improved.
It is also necessary to further implement civil compensation relief, formulate judicial interpretations on civil compensation for insider trading and market manipulation, intensify the implementation of representative litigation, give full play to the role of the party commitment system, accurately hold the "culprits" of illegal and criminal acts accountable, and vigorously recover the stolen goods. losses, and effectively protect the legitimate rights and interests of investors, especially small and medium investors.
Wu Qing emphasized that the regulatory requirements of the capital market are extremely high, and the prosperity of the rule of law will lead to the prosperity of the market.
The China Securities Regulatory Commission will carefully study and absorb the opinions and suggestions put forward by the participants, and work with relevant parties to promote the increase of legal supply, improve law enforcement efficiency, strengthen judicial protection, and better play the role of the rule of law in consolidating the foundation, stabilizing expectations, and ensuring the high-quality development of the capital market. Long-term benefits.
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