SFC repeals some securities and futures regulations

China Securities Regulatory Commission 18th, in the abolition of the first seven batch of regulations and normative documents on the basis of the period from its inception to December 31, 2008, the disclosure of the rules of the Securities and futures sector to clean up again. Among them, from January 1, 2008 to December 31, 2008, should be abolished and their own failure of the regulations 25, including securities operating institutions securities proprietary business management measures, securities Business Department Information System Technical management standards, on the strengthening of the Stock Exchange Members management notice. 15 pieces of regulations which have been expressly repealed, including notices on the regulation of the behavior of listed companies, notices on clearing and regulating the remote securities trading outlets, reference content and format guidelines for the annual reports of the futures companies. The abolition of these regulations is made in accordance with the requirements of the regulations for the enactment of procedures for the implementation of the Administrative Licensing Act. (Cai Zongqi)