GEM will directly withdraw from the market as soon as possible

 Liu Jing Meng Yan

recorded yesterday, the Shenzhen Stock Exchange issued a report. Reported that 2011 is the However, in the new situation, facing the development of capital markets, internal and external environment has become more complex. To meet this challenge, the Institute will establish a multi-level capital market development and to adapt the business rules system, increase the basic systems of GEM and other self-regulatory fronts to improve the quality of work.

First, the construction of integrated business rules do a good job, The standardization of business and scientific system of rules as a fundamental, to reflect the multi-level market-oriented differentiated regulatory needs, and actively making at all levels of the business rules market planning and development. Timely formulated to adapt to small plates, the special needs of the GEM rules, guidelines, success of the success of the

Second, firm-level capital market mechanisms to promote multi-system innovation in the development thinking and practice through innovative measures to solve the many problems encountered in the development. The first is to increase the basic systems of the GEM, the GEM as soon as possible to promote the implementation of measures directly withdraw from the market, exploring a sound exit accountability mechanisms. Second, high-growth small and medium enterprises to adapt to the talent, capital, technology, market the urgent demand for performance excellence, integrity specifications listed companies to the small small board to refinance, equity incentives, M & A summary of green channel, support small and medium Listing companies use the rapid growth of capital markets platform. Third, M & A in-depth study of the type, manner, and the leading force in the concrete reality of transactions outstanding issues and continue to explore the main board listed company norms to promote governance, and Make.

again, continue to strengthen routine monitoring. First, to adapt to constantly improve the level of features and business sector development needs of front-line monitoring system, implementation of the Second is to strengthen the Audit Bureau and the Commission, Committee and other penalties for the communication. Third, investors should continue to deepen the appropriate management of GEM, improve customer management members of long-term mechanism. Fourth, innovative ways and means of regulation to prevent insider trading, and precision strike.

In addition, innovative self-regulatory enforcement mechanisms, and increase efforts to crack down on securities law violations. Timely disciplinary mechanism innovation, improve the disciplinary committee structure, and improve the disciplinary standards and procedures, increase the new securities law violations in the crackdown. Meanwhile, the innovative trading limit enforcement mechanism, strengthen the transparency of restrictive trade enforcement tools to explore law enforcement methods used to limit transactions suspected of insider trading regulation and the feasibility of market manipulation and implementation of the path, to combat and curb illegal trade practices. Finally, multi-level will continue to focus on the smooth functioning of capital markets and institutional innovation, a rich investor education channels and methods. To carry out infrastructure construction, system design and business rules product innovation, the investor education, services and protection to a new level.