The number of new account openings has skyrocketed, and regulators have taken urgent action to standardize the securities business

On October 13, the reporter learned that the number of new account openings and financing scale in the market have increased significantly recently. In order to promote the long-term healthy and stable development of capital markets, the regulator issued the latest notice to securities firms, requiring them to effectively protect the legitimate rights and interests of small and medium-sized investors and do a good job in serving new account investors. The reporter noticed that the content of the notice involves requirements including strict implementation of appropriate management, strengthening risk disclosure, standardizing marketing promotion behavior, continuously doing a good job in investor services and strengthening compliance risk control management. In addition, the reporter also observed that since the beginning of this year, regulators have continued to strengthen their supervision in the field of new account opening, and the fines issued have focused more on violations such as entrusting others to solicit customers and providing customers with account opening test answers.