Shang Fulin: The second half should fully implement the gem

Zhou Xiaoyun China Securities Regulatory Commission party secretary, Chairman Shang Fulin recently said that in the second half of the year to fully implement the gem, IPO issues and other major reform measures to effectively meet the multi-level investment and financing needs. Recently, the National Securities and Futures Regulatory system network information security and confidentiality of the work of the special meeting held in Beijing. At the meeting, Shang Fulin briefed the first half of the progress of the regulation of capital market reform and deployed the second half of the work. Including the completion of the Enterprise Board follow-up supporting document formulation and release work, the establishment of the Gem Issue Audit committee, the sponsors, law firms, accounting firms and other intermediary agencies special training, implementation of the GEM market investors appropriate management system, fully reveal the gem market risk.　　Implement the reform measures of the IPO system and perfect the market pricing mechanism. In addition, we must actively expand the size of corporate debt market, and continue to promote listed commercial banks to participate in exchange bond market transactions.　　To further improve the agency's share transfer system, timing will expand the scope of the pilot to other High-tech parks with conditions, and continue to do fine has been listed futures varieties, improve the launch of stock index futures preparations. But Shang Fulin also proposed, to soberly recognize that the current international economic and financial system to resume normal operation still time, the foundation of domestic economic growth is still not strong, the internal basis of capital markets and rapid development of incompatible contradictions still outstanding, uncertainty and instability factors are still many,　　We should prepare for a long time to deal with various difficult and complicated situations, and further unify the thoughts and actions to the central government to judge the current situation and make decisions, and further promote the stable and healthy development of the capital market. Shang Fulin also stressed that the second half of the regulatory layer will strengthen supervision and enforcement, strengthen the external constraints on market subjects. To formulate and improve the incorporation of listed companies, acquisition, Major asset reorganization system rules, strengthen the implementation of accounting standards and financial information disclosure supervision, revise and promulgate the Securities Investment Fund Operation Management, sales management related rules, promote the diversification of the fund sales system construction, and improve the coordination with the judiciary to fight against securities and futures Crime cooperation mechanism , focusing on insider trading, manipulation of the market, false declarations and occupancy of large shareholders.