证券时报·2025-06-23 00:11Core Viewpoint - The China Securities Regulatory Commission (CSRC) is revising the classification evaluation rules for securities companies to enhance the effectiveness of the evaluation system, encouraging differentiated development and specialized operations among smaller institutions [2]. Summary by Sections Evaluation System Revision - The CSRC aims to optimize and integrate scale indicators, increasing the coverage of certain bonus indicators and enhancing the scoring for return on net assets [2]. - The evaluation will now include specific indicators for proprietary investment in equity assets and the scale of equity fund sales, guiding securities firms to attract long-term capital and improve investor service capabilities [2]. Regulatory Measures - The revision introduces stricter penalties for serious misconduct, increasing the deduction points for disciplinary actions, which aligns with other deduction items to maintain overall balance [2]. - A comprehensive accountability system is being established, incorporating self-regulatory measures, administrative supervision, and penalties to effectively combat illegal activities in the securities market [2]. Industry Response - The increasingly stringent regulatory environment is pushing the industry to strengthen internal controls and compliance management [3]. - Securities companies are encouraged to align their business philosophies and enhance professional capabilities to meet diverse investor needs, ensuring favorable evaluation outcomes [3].