构建长效机制 把严监严管落到实处

Core Viewpoint - The China Securities Association has drafted the "Guidelines for the Management of Investment Behavior of Directors, Supervisors, Senior Management, and Securities Practitioners (Trial) (Draft for Comments)" to strengthen self-regulation in the industry [1][2] Group 1: Management of Investment Behavior - The guidelines aim to establish comprehensive and systematic management of investment behavior for securities practitioners, prohibiting direct or indirect trading of stocks or securities using insider or undisclosed information [1] - The guidelines require that all personnel, including those in administrative roles, be subject to investment behavior management [1] Group 2: Monitoring and Enforcement - Securities firms must clearly define the scope and standards for monitoring, including tracking key information such as phone numbers and IP addresses to prevent violations through related parties [2] - The China Securities Association will impose strict penalties for violations, including recording infractions in the industry reputation database and referring serious cases to regulatory authorities [2] - The implementation of these guidelines is expected to create a long-term mechanism that discourages illegal trading practices among practitioners, promoting compliance and ethical behavior [2]