On May 15, the Shenzhen Stock Exchange jointly held a “members’ network ‘protection for investors’ training and interchange activity” with Guangdong Bureau of China Securities Regulation Commission in Guangzhou. The event was themed by “transparency, rationality, and appropriateness”. It aimed at propelling members to enhance the works on protection for investors, guiding investors to invest rationally, deepening the investor appropriateness management in the multi-layer capital market, and fostering healthy and rational investing culture in the capital market. Directors of over 500 members’ sales network in Guangdong area attended this training. Principals of SZSE and director of Guangdong Bureau of CSRC addressed the activity.
Enriched training courses were opened in light of the actual market environment and hot issues, including investors protection and code of conduct of securities companies, investors protection and appropriateness management, SZSE investors structure and trading behavior analysis, study on illegal trading cases, construction of multi-layer capital market and value investment, investors’ wealth management, etc. The training and interchange activities call for conscientiousness from securities companies. Securities companies should play the leading role to protect investors and detail the implementation of investors appropriateness management by the following means: first, to continuously explore the ways and methods regarding customer risk assessment and classified management, strengthen self-discipline management for transactional behaviors of customers, and prevent and curb speculation on new shares; to emphasize investors risk education, clarify the harms involved in the blind and speculative investments, and avoid violating the laws and regulations unconsciously; second, to intensify product development efforts to cater for customers’ demands, implement the guiding principles of the innovation and development meeting for securities companies, properly handle the relationship between innovative development and compliance management and risk control, recommend proper products and services based on different situation of investors; third, detailed systems should be implemented in order to continuously improve the effectiveness and relevance of the risk revealing.
It is reported that jointly held “member network ‘protection for investors’” training exchange activities by the SZSE and bureaus of the CSRC in different regions is part of the SZSE’s investors education series activities. The SZSE experts and famous scholars in the industries constitute the lecturing team, with directors of securities company sales network who directly facing and serving the investors being targeted trainee. The SZSE hopes that via organizing the tour training activities, the joint efforts of the market can be fully played, securities companies have better understand on the importance of guiding the rational investment and implementing the investors appropriateness management, the investment knowledge and investment philosophy is promoted, construction of rational investment of capital market is boosted, and protection for investors is strengthened.