The futures brokers failed to announce negative oil prices in April and were unable to accept orders from clients, among other failures.
Stock issuers may be ordered to repurchase shares if they conceal material facts or fabricate information in securities issuance documents.
The new high-security data centre will be built in Guian New Area and become a key component of the PBOC's new financial infrastructure.
The action plan seeks to promote green and sustainable financial markets, improve ESG disclosures, and establish a classification standard for the financial industry.
The rules require brokerage firms to guarantee technical and data security when using third-party platforms to conduct securities business activities.
The guidelines limit cash management products to investing in only highly liquid assets, among other restrictions, to ensure investors’ rights are protected.
The revisions will help to ensure investors are compensated for losses in a timely manner and market order is restored as soon as possible, the CSRC says.
The China National Clearing Center has signed an agreement with three major banks to use their blockchain forfaiting platform to enhance its letter of credit system.
New regulations issued by China’s Supreme Court provide channels for small and medium investors to pursue joint litigation in securities disputes.
The guidelines are aimed at further regulating the establishment, operation and governance of index funds and protecting investors.