On the occasion of the May 15 National Investor Protection Promotion Day and the National Promotion Month for the Prevention of Illegal Securities and Futures Activities in 2022, China Financial Futures Exchange (CFFEX), under the strong leadership of the China Securities Regulatory Commission (CSRC), organized a string of promotional events themed on investor protection and the Futures and Derivatives Law. These events aim to strengthen investor protection by warning investors against the risks of illegal securities and futures activities, protecting their legitimate rights and interests, and furthering their understanding of the Futures and Derivatives Law and relevant rules and regulations.
Investors represent the ultimate driving force for capital market development. Respecting them, recognizing their critical role, and offering effective protection is a concrete manifestation of the people-centered development philosophy of China’s capital market, and the fundamental mission of securities and futures regulators. Upholding investor education and protection as a top priority, CFFEX has, with years of experience and massive support from market participants, developed a distinctive brand of investor protection and education. This year, building on its past achievements, CFFEX further rolled out several innovative programs that cater to the latest market trends and the evolving needs of investors.
CFFEX Chairman leads the promotion of the Futures and Derivatives Law. After the Futures and Derivatives Law was adopted, CFFEX swiftly created An Illustrated Guide to the Futures and Derivatives Law and the Micro Course Series on the Futures and Derivatives Law. He Qingwen, CFFEX Chairman and Secretary of CPC CFFEX Committee, was invited as the lecturer for the series premiere on the significance of the Futures and Derivatives Law for the development of the financial futures market.
Media convergence makes investor education more engaging and informative. In response to the National Investor Protection Promotion Day and the National Promotion Month for the Prevention of Illegal Securities and Futures Activities, CFFEX created an innovative online “Pop-up Space” for investor education, providing learning materials in various forms including text, picture, audio, and video. The space consists of three exhibition sections with distinct themes, i.e. financial history since revolutionary times, prevention of illegal securities and futures activities, and investor education combined with social responsibility programs, as well as two entertainment sections including an interactive quiz and a virtual photo booth. Leveraging the effective content presentation of media convergence and the advantages of online information dissemination, the space delivers interactive and immersive learning experiences based on real-life cases and scenarios, equipping investors with a better understanding of rational investment and basic financial knowledge.
CFFEX joins hands with CSRC regional offices and universities to better incorporate investor education into national education. CFFEX and the CSRC Sichuan Office jointly launched the Financial Futures Cup contest for colleges and universities in Sichuan, encouraging students to create short videos about the Futures and Derivatives Law and prevention of illegal securities and futures activities. The contest is designed to guide students to apply what they have learned, extend futures education from theory to practice, turn theoretical knowledge into a useful tool for investor education, and improve financial literacy, thus further integrating investor education with national education.
CFFEX cooperates with CSRC regional offices and media platforms for investor protection and education. By combining their respective strengths to form synergy, CFFEX and the CSRC Shanghai Office co-produced a special audio program on the prevention of illegal securities and futures activities. Themed “select recognized financial institutions, avoid illegitimate entities, make rational investments, and beware of fraud”, the program shares useful information through real-life cases and scam techniques analysis. The program is also available on professional media platforms including the Ximalaya FM App, Shanghai CBN Radio 97.7 FM, and the AJMIDE audio community to reach broader audience.
CFFEX develops featured investor education works that break down complex information into bite-sized chunks for ease of understanding. In addition to the audio program, CFFEX also designed other original education materials on the prevention of illegal securities and futures activities, such as comic series of typical cases, infographics on relevant tips, motion graphics, promotional posters, and a comprehensive guide to the business rules of CFFEX. These informative and engaging works have been published on CFFEX new media platforms.
Quizzes and surveys are carried out to further enrich education endeavors based on investors’ actual needs. In observance of the May 15 National Investor Protection Promotion Day, CFFEX organized a knowledge quiz on investor protection-related rules, prevention of illegal securities and futures activities, and basics of financial futures. The entertaining program helped promote the concept of rational investment and raise investors’ awareness of risk prevention. In addition, CFFEX sent out questionnaires to collect investors’ suggestions for educational activities and materials to better understand their needs and concerns.
Next, CFFEX will continue to implement the decisions and instructions of the 2022 investor protection work conference of the CSRC. Guided by the relevant CSRC departments and with the support of CSRC regional offices, CFFEX will align to the goal of “stabilizing growth, preventing risks, and promoting reform”, and coordinate with stakeholders to form a synergistic ecosystem of investor protection featuring cooperation and common progress, so as to enhance investors’ sense of gain and security. While listening to the voices of investors, responding to their concerns, and meeting their needs, CFFEX will continue to carry out a diverse range of investor protection and financial futures awareness-raising programs in engaging ways, so as to facilitate investor protection endeavors, and better serve the high-quality development of the capital market.