Securities and Futures commission set up gem investors to enter the threshold of the Securities and Futures Commission issued gem Investors Management requirements draft (reporter Wang Jie) gem Market construction is actively and steadily advancing. Yesterday, the China Securities Regulatory Commission issued the "Gem market investors appropriate management interim provisions (draft)" (hereinafter referred to as "interim provisions"), and openly to the community for advice. The most notable of the interim provisions is that investors are required to have more than two years of trading experience in the gem. Inexperienced people need to commit themselves to the risk of the Securities Regulatory Commission said, because the gem enterprises generally have small scale, operating performance is not stable characteristics, investment risk is relatively high. If a large number of investors do not understand the gem market risk, do not have the ability to bear the risk of blind participation, it is possible to trigger a series of problems. In order to protect the legitimate rights and interests of investors, prompting investors to carefully make investment gem stock choice, GEM market set up an appropriate management system for investors, and appropriately set the requirements of investors to enter the market. "Interim provisions", the investors trading experience in the specific starting point for their own account in Shanghai or Shenzhen Stock Exchange on the day of the first stock transaction. When an investor with more than two years of trading experience applies for the opening of the gem market, the Securities Company shall sign the "Gem Market Investment Risk Disclosure book" with its site in writing and request it to transcribe a statement. At the same time, for investors with less than two years of trading experience, the SFC has also provided the corresponding channel, in addition to the written signature of the GEM Market Investment risk Disclosure book, investors also have to voluntarily bear the market-related risks transcribed a special statement and signature confirmation, and then need the Securities Company Sales department responsible for signature confirmation. After the above documents are signed for 5 trading days, the relevant verification procedures are completed by the securities company before the transaction can be opened for investors. Before the public release of the sufficient processing time the relevant person in charge of the Securities and Futures Commission said that the opening process is divided into three steps, namely: Query the length of the transaction and decide whether to open the gem, the application, securities companies to verify. Considering that investors apply for opening 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 ahead. Therefore, the relevant departments will set aside enough time for investors to deal with the relevant formalities before the IPO and IPO transactions begin. Related link investors apply to participate in the gem process through the Chinese securities registration and clearing company to provide the relevant channels, inquiries are in line with the two years of trading experience, and decide whether to apply to the securities companies open gem market transactions. The application for opening the gem market to the site of the securities Company's business place is proposed. After the application, the securities companies need to verify the trading experience of the investors through the Chinese securities registration and clearing company system, and understand the basic information about the investor's identity, property and income status, risk preference and so on. If investors meet the basic requirements of trading experience for more than two years, the securities companies need to ask investors to read carefully and sign the "Gem Market Investment Risk Disclosure book", and require investors to transcribe a statement and signed confirmation. The risk Disclosure book signed two trading days after the completion of the relevant verification procedures by the securities company, investors can open the gem market trading.
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