侃股：从“举报人”到“吹哨人”是监管理念的改变

Core Viewpoint - The transition from "whistleblower" to "whistleblower" reflects a significant shift in the role of individuals reporting violations, emphasizing proactive engagement in safeguarding public interests and enhancing regulatory effectiveness [1][2][3] Group 1: Regulatory Changes - The China Securities Regulatory Commission and the Ministry of Finance have revised the interim regulations on reporting illegal activities in the securities and futures markets, establishing a new reward system for whistleblowers [1] - The change in terminology from "reporter" to "whistleblower" signifies a fundamental shift in role perception, moving from passive informants to active defenders of public interest [1][2] Group 2: Market Dynamics - The upgrade in regulatory philosophy is a necessary response to the evolving complexities of the securities and futures markets, where illegal activities have become more concealed and diverse [2] - The whistleblower system aims to mobilize market participants, leveraging their frontline insights to detect hidden violations and provide timely information to regulatory authorities [2] Group 3: Incentives and Impact - The significant increase in reward amounts for whistleblowers serves as a strong incentive for individuals to report violations, recognizing the risks they undertake [2] - Higher rewards are expected to encourage more individuals to step forward, fostering a culture of collective supervision and reinforcing the regulatory authority's commitment to combating market misconduct [2]