今日重磅！最高法、证监会印发

Core Viewpoint - The article emphasizes the need to legally protect patient capital and long-term investments in corporate governance and returns, while continuously improving the judicial environment for early, small, long-term, and hard technology investments [1]. Summary by Sections - Legal actions will be taken against capital violations, including hidden shareholding and illegal wealth creation behaviors [2]. - There will be increased regulatory scrutiny and penalties for fraudulent issuance and continuous information disclosure fraud, with strict accountability for issuers, controlling shareholders, and third-party suppliers involved in financial disclosure fraud [3]. - Support will be provided for investor protection agencies to fulfill their representative duties in shareholder rights disputes, ensuring thorough examination of company ownership structures and reporting any irregularities to regulatory authorities [4]. - The Supreme People's Court and the China Securities Regulatory Commission jointly issued guidelines to ensure strict and fair law enforcement to support the high-quality development of the capital market [5]. - Recent judicial interpretations and comprehensive judicial documents have been established to adapt to the needs of capital market reform, focusing on investor protection, market participant regulation, and judicial-administrative collaboration [6]. - The guidelines propose 23 opinions aimed at enhancing investor protection, regulating market participant behavior, and improving judicial and regulatory collaboration to foster a better market environment [7].