Implement "double random" on-the-spot inspection the China Securities Association carries out compliance training in securities research business

According to the official website of the China Securities Association, according to regulatory requirements, the China Securities Association will carry out business training in issuing securities research reports, and all employees in the research and reporting business, including securities analysts, research assistants, quality control compliance personnel, and research and reporting sales personnel, need to complete the training by the end of June. The China Securities Association said companies need to attach great importance to the training. The purpose of the training is to implement the relevant work arrangements for the "double random" on-site inspection of the business of issuing securities research reports in 2022, consolidate the achievements of special work, and strengthen industry warning education. According to the reporter's incomplete statistics, since May 10, there have been as many as 24 tickets for violations, involving 14 securities firms, among which taking up posts without a license, the business management system of research and reporting, and the lack of prudence in the production of research and reporting have attracted the attention of the regulatory authorities. (reporter Lin Jian)