FAP, May 31 (FAP)-- recently, the Securities Regulatory Commission issued a fine for three IPO projects, and the issuer, sponsor institution and sponsor representative were fined at the same time. From the point of view of the penalty ticket for the IPO project issued by the CSRC and the local securities regulatory bureau this year, it focuses on the letter of the IPO prospectus, and "more than one case" has become the norm. In addition to the IPO project, continuous supervision, fixed growth, convertible bond issuance and bond issuance after listing are also key areas of regulatory penalties. Since last year, the CSRC has regularly carried out on-the-spot inspection of the internal control of securities investment banks, urging sponsor institutions to give full play to their "gatekeeper" function. Chen Yunsen, a professor at the Central University of Finance and Economics and director of the Capital Market Supervision and Reform Research Center, said that judging from the investment bank fines this year, the supervision paid more attention to the accuracy and completeness of the letter, as well as the comprehensive coverage and strict punishment of the investment banking business. send a signal of "strong supervision". Under the comprehensive registration system, the regulatory authorities promote the high-quality development of listed companies and the healthy and stable development of the capital market by compacting the duties of intermediary "gatekeepers". (Securities Daily)