The CSRC recently issued the revised regulations on the prohibition of entry into the securities market, which shall come into effect as of July 19, 2021. The regulations further clarify the types of market prohibition, the applicable rules for trading prohibition, the objects and application of the market prohibition. According to Article 221 of the new securities law, the prohibition of securities market is divided into “not to engage in securities business and securities service business, not to be a director, supervisor, senior management personnel of securities issuers” – identity prohibition, and “not allowed to enter the stock exchange.” OtherRead More →
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