Core Viewpoint - The Dalian Securities Regulatory Bureau has imposed regulatory measures on China CICC Wealth Securities Co., Ltd. due to multiple violations at its Dalian Port Xinglu Securities Business Department, including unqualified personnel providing investment advice and inadequate management of professional investor recognition [3]. Group 1: Violations Identified - Employees at the Dalian Port Xinglu Securities Business Department provided investment advice and engaged in fund sales without the necessary qualifications [3]. - The department failed to fulfill its obligations regarding investor suitability management and engaged in exaggerated promotional practices, claiming guaranteed returns [3]. - There were issues with the recognition of professional investors, including inadequate verification of income documents and delays in the completion of recognition procedures [3]. Group 2: Regulatory Actions - The Dalian Securities Regulatory Bureau has decided to suspend the business related to the recognition of professional investors for three months due to the identified risks [3]. - Regulatory discussions will be held with the employee involved, 樊星, and this will be recorded in the securities and futures market integrity archive [3].
中金财富证券一营业部被监管暂停办理需要专业投资者认定相关业务三个月