Since May, about 30 tickets have been issued to supervise the private equity management and other businesses of securities firms.

FAP, 12 Jun (FAP)-since May, many businesses of securities firms, including private equity management, research and reporting, have been subject to strict supervision and inspection. Beijing, Shanghai, Shenzhen, Chongqing and other securities regulatory bureaus have successively issued about 30 fines against illegal securities firms and related business personnel. Industry insiders said that the regular trend of strict supervision under the comprehensive registration system has not only strongly urged securities firms to better perform their duties, but also effectively standardized the sustained and healthy development of the industry as a whole.