SFC: Gem launched at least one or two months

Lu Yuan Securities Regulatory Commission yesterday issued the "GEM market investors appropriate management interim provisions" (hereinafter referred to as the provisions), will be implemented from July 15 onwards. This means that starting from July 15, investors can go to the brokerage department to open Gem investment transaction procedures.　　However, the Securities and Futures Commission said it would take at least a month or two to launch the Gem, as the rules remained to be perfected.　　GEM Investors appropriate management system is the core of allowing investors with more than 2 years investment experience to enter the gem trading, investors do not have the conditions to take special procedures, after a long time to enter the gem trading. The regulation adopts the market opinion to make the relevant changes, but the investment experience of 2 years has not changed. "Some investors suggest that 2 years of investment experience is too small, should be 5 years or 10 investment experience, should also add capital requirements."　　"The reason that the SFC has not adopted these views is that it has been thoroughly investigated and demonstrated before," the regulator said.　　The SFC believes that investors with more than 2 years of investment experience at least through a bull and bear market, compared to new investors, the market investment risk has a deeper understanding.　　It is reported that the Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen") will be with China Securities registration and Clearing limited to launch an investor appropriate management system operation guidelines, next week will be on how to provide investors with gem risk disclosure services to the securities companies to launch special training. At present, the gem "Rules of the game" is still being perfected. "It will take at least a month or two." "For the reason that the gem landed late than expected, the SFC said, including but not limited to investors account opening work, trading rules." "The preparation of the gem is followed by the relevant rules of the transaction." "So, while the formalities are not far off, the SFC and Shenzhen are reminding investors not to rush to open an account. The investor's proper management system requires the investor to fill in and transcribe the key parts of the risk prompt.　　The Securities and Futures Commission said it would allow brokerages to provide door-to-door service for older, more inconvenient customers, or agent agents. New issue restart and Gem Landing is the SEC, the second half of the key projects.　　The Securities and Futures Commission launched new shares in June, the first Tanguilin three gold (002275.SZ) to 33 times times the price of P/E, the recent market hit a new high, a breakthrough 3,000 yesterday, the first half of the Shanghai Composite Index rose 62.53%. On the gem of the first IPO of the time, vice chairman of the Securities and Futures Commission Yao in the public interview has said it may be August, CBN has also reported that the first business Board enterprises may be listed in October.