Cheng Hehong, the Chief Legal Officer of the China Securities Regulatory Commission (CSRC), underscored the importance of safeguarding investor interests effectively. He outlined several key initiatives to achieve this, including:
- Reinforcing the disclosure of information by technological innovation enterprises to guarantee investors' access to comprehensive data.
- Enhancing the investor suitability framework to align investors' risk appetites with appropriate investment products.
- Guiding and encouraging corporate issuers and associated parties to make preemptive compensation pledges to investors.
- Elevating the governance of the 12386 service platform to refine investor services.
- Facilitating the establishment of a standardized special representative litigation process for efficient resolution of securities disputes.
- Supporting pilot arbitration initiatives in the securities and futures sector to broaden dispute resolution avenues.
- Expediting the research and formulation of comprehensive policy documents aimed at further bolstering the protection of small and medium investors in the capital market.