Investment gem must be in stock for two years

Business News (reporter Wang Lei) Investors must have two years of trading experience can directly open gem investment trading, trading experience is not two years of investors in fully understand the risk based on such as still need to invest in the gem, need more risk prompting procedures.　　Yesterday, the CSRC made clear for the first time the conditions and procedures for investors involved in gem trading. Yesterday evening, the SFC published on its official website, including the "GEM market investors appropriate management interim provisions (draft)", the Shenzhen Stock Exchange established "GEM market investors appropriate management implementation measures" (hereinafter referred to as "implementation measures") and the Chinese Securities Industry Association formulated the " GEM Market Investment Risk Disclosure Book (required terms). The main content is to specify the basic requirements, procedures, working mechanisms and regulatory requirements of investors ' proper management.　　The above-mentioned documents may be promulgated at any time after the completion of the request for comments by 23rd this month. Unlike the motherboard and SME board, Management has a hard demand for investors who are involved in the gem, and must have more than two years of trading experience to invest in the gem.　　The date of trading experience, the first stock transaction on the Shanghai or Shenzhen Stock Exchange, for the account of the investor himself. Investors open Gem market transaction process is also different from the motherboard market, with more than two years of trading experience investors to open the gem market transactions, the securities companies need to sign with their site in the "Gem Market Investment Risk Disclosure Book", and request it to transcribe a statement. The manager of the Securities Company shall witness the signature and confirmation of the investor.　　The above documents signed two trading days after the completion of the relevant verification procedures by members, before opening the gem market for customers to trade. For investors who have not yet had a two-year trading experience but still require the opening of the gem market, the "implementation measures" stipulates that the securities company shall sign the "Gem Market Investment Risk Disclosure book" with its site in writing, and require it to transcribe a special statement on the voluntary assumption of market risk. The Securities company handling personnel should witness the signing and signature confirmation of the investors, and then need to sign and confirm the sales department responsible for the securities company.　　The above documents signed five trading days after the completion of the relevant verification procedures by members, before opening the gem market for customers to trade. As investors apply to open gem market transactions must go to the Sales department counter, may face the pressure of the sales department staff, the site, need to reserve a considerable time for investors to open the formalities in advance.　　To this end, the Securities and Futures Commission pointed out that the regulatory layer will be in the Gem stock IPO and listing transactions before the start, set aside enough time for investors to deal with the relevant procedures in advance. At that time, the Shenzhen stock Exchange and other relevant self-regulatory bodies will also issue detailed operational guidelines, to guide the securities companies to do a good job of investor-related applications.