CSRC plans to set up investigation institution against securities criminal

Tu Guangshao, general secretary of China Securities Regulatory Commission, said CSRC was considering cooperating with police to set up an investigation institution against securities criminal. Tu said during the period of the tenth five-year plan, major target of China securities market would be market management but CSRC still lacked of authorities in many aspects such as investigation, freezing banking account and freezing personal assets relating to securities criminal.He said CSRC would gradually set up lawsuit and compensation mechanism to protect benefits of small-medium investors.

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