New rules for gem to end the consultation

Source: Internet
Author: User
Keywords Investors gem mouse warehouse implementation measures
Tags accounts community feedback gem listed monitoring public stock
Most investors suggest that the focus of supervision of mouse positions (reporter Aoxiapo) the SFC on the GEM investors appropriate management of the interim provisions to the public to solicit opinions, according to the previous time arrangements, the request for comments until yesterday.  Feedback received by the SFC showed that most investors suggested that the accounts of "mouse positions" and listed executives and their relatives should be included in the account that the gem investors focused on monitoring. The Securities and Futures Commission began June 8 to solicit opinions from the community on the interim provisions on the proper management of gem investors and related supporting documents. Among them, the implementation of the 14th article proposed: Members should take effective measures to exchange the attention of the key monitoring account and the key monitoring of stock transactions to monitor, to prevent illegal violations and abnormal transaction behavior.  The article highlights the regulation of so-called "death squads" investors who are able to deter violators who attempt to manipulate stock prices. In this regard, most investors believe that the regulation of technical measures should be a breakthrough, should be timely release of these illegal account information, so as to form transparent supervision. In the management of some stock account special accounts set up by senior managers and their relatives of listed companies, neither the interim provisions nor the implementation measures are involved. "Such accounts should be included in the area of focus regulation." As can be seen from past insider trading cases, some accounts tend to be held in advance before sensitive information is disclosed, which can lead to losses for other investors. Therefore, in the implementation approach, it may be useful to include regulatory measures relating to the ' rat storehouse ' account. ”
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