Core Viewpoint - The article emphasizes the importance of strengthening capital market regulation and investor protection, highlighting the need for a robust legal framework to address financial misconduct and enhance market integrity [1][2][10]. Group 1: Regulatory Focus - The proposal to explore a "three-in-one" trial mechanism for financial cases in Beijing and Shanghai aims to streamline the handling of criminal, administrative, and civil cases related to financial misconduct [2][4]. - The current practice in Shenzhen's financial court serves as a model for this reform, which is expected to improve judicial efficiency and provide better services for investors [5]. - The article stresses the necessity of expediting the judicial interpretation of the crime of breaching trust that harms the interests of listed companies, as existing regulations are seen as too vague [5][6]. Group 2: Investor-Centric Regulation - The regulatory approach should prioritize the interests of investors, ensuring that enforcement actions reflect fairness and justice [7][8]. - The article outlines four key aspects of investor-focused regulation: strict enforcement to deter violations, enhancing public confidence through transparent actions, precise enforcement to avoid collateral damage, and collaborative enforcement to ensure comprehensive accountability [7][8][9]. Group 3: Market Integrity and Development - The relationship between regulatory enforcement and market vitality is discussed, asserting that a well-regulated market fosters both order and dynamism [11][12]. - The article argues that effective regulation is essential for restoring market integrity and investor confidence, which in turn supports long-term investment [12][13]. - Future regulatory efforts will focus on distinguishing the severity of violations, improving legal standards, and enhancing collaborative mechanisms among regulatory bodies to ensure comprehensive accountability [13][14].