Gem investment qualification can be handled from July 15

Interim provisions on the proper management of investors in gem market, China Securities Regulatory Commission said in Wednesday, to protect the legitimate interests of investors, to guide investors rational participation in securities investment, to promote the healthy development of the gem market, the special establishment and release of "GEM market investors appropriate management interim provisions", since July 15, 2009.　　Investors from July 15 to deal with the Gem investment qualification.　　Regulations point out that investors participate in the gem market, should be familiar with the relevant regulations and rules of the gem market, understand the gem market risk characteristics, with the corresponding risk tolerance, and in accordance with the regulations to participate in the gem market related formalities. Regulations require securities companies to establish and improve the market investors appropriate management work mechanism and business processes, to understand the identity of customers, property and income status, securities investment experience, risk preferences and other relevant information, and fully prompt investors to carefully assess their participation in the gem market suitability,　　Keep good investor education and risk disclosure work.　　In particular, the Regulation emphasizes that when an investor applies for opening the gem market, the securities company should distinguish the different situations of the investors, disclose the market risk fully to the investors, and sign the "Gem Market Investment Risk Disclosure book" in the Business place and the investor in writing. The regulations clearly state that investors apply for the opening of gem market transactions, should cooperate with securities companies to carry out the appropriate management of investors, truthfully provide the required information, not to take fraud and other means to circumvent the requirements. Securities Times