China quasi mandatory delisting of fraudulent issuance of company

international online news: according to China news, 4, Chinese SFC "several opinions on reform and Cheap Reds Jerseys improve and strictly implement the delisting system of listing Corporation (Draft)" (hereinafter referred to as "the opinions") to the public for comments, which marked a new round of retreat city system reform was officially launched.

it is reported, "opinions" will be the implementation of major illegal delisting company delisted system. Listing Corporation are fraudulent issuance Cheap Twins Jerseys or major information disclosure law, by the CSRC shall make the decision on administrative penalty, or suspected of crimes by the CSRC shall be transferred to the public security organs, the stock exchange shall suspend the listing for trading of its shares. The major illegal suspended listing Corporation, "opinions" delisting principle for stock exchange delisting decision making within a year.

but at the same time, "opinions" also on the delisting fraudulent issuance and major information disclosure violations were differentiated arrangement: major information disclosure of listing Corporation law suspended within a prescribed time limit, the comprehensive correct violations promptly replaced the relevant responsible persons, the civil liability for compensation to make proper arrangements, the stock to resume trading, but for the fraudulent issuance suspension of listing Corporation, unless the act does not constitute a fraud issue, or its stock shall be within the Cheap Expos Jerseys prescribed time limit to stop listing.

this, analytic Cheap Royals Jerseys personage points out, to launch Cheap Athletics Jerseys the delisting system, contribute to the inhibition of A stock market excessive operation behavior on restructuring shares, loss making stocks, the poor performance of the shares subject; while for mandatory delisting system fraudulent issuance of stocks, is conducive to further the protection of small investors, "an evil member of the herd", hit the stock market will promote the long-term stability and development of the A shares market.

in addition, core content of the reform of the delisting system also includes:

is a sound listing Corporation active delisting system. Two is to further clarify the market transaction, the financial indicators of compulsory withdrawal. The three is to protect rights of medium and small investors as one of the key problems of delisting system to consider.

(original title: Chinese quasi mandatory delisting of fraudulent issuance of company)