Core Viewpoint - The China Securities Association is revising the "Securities Industry Practitioner Reputation Information Management Measures" to enhance regulatory compliance and management practices [1] Group 1: Regulatory Changes - The revised version clarifies the types of illegal and dishonest information that will be recorded, including cases of bribery that interfere with the China Securities Regulatory Commission's enforcement actions [1] - It specifies that administrative penalties or disciplinary actions will be recorded, as well as cases where individuals are not penalized but are identified by disciplinary inspection or administrative supervision [1] Group 2: Compensation Mechanism - The revision introduces a proactive compensation mechanism, allowing for the exclusion of penalty information from the practitioner reputation database if the entity actively reduces or eliminates investor harm through this mechanism [1]