On August 24, the SZSE held the 8th training class for regulated operations of listed companies in Changchun, along with Jilin Province Financial Office and Jilin Province State-owned Assets Supervision and Administration Sub-Commission. Some financial regulation officials, controlling shareholders of listed companies, de facto controllers, totaling more than 170, attended the class.
The experts in the class delivered the special lectures on some main issues including relevant laws and regulations of insider trading, corresponding responsibility for insider trading, danger of insider trading, management of insider information, typical cases of insider trading, regulatory measures placed by regulatory organs on insider trading conducts, relevant regulations on trading of stocks by controlling shareholders or de facto controllers, legal framework on regulation of listed companies, the obligations and responsibilities of controlling shareholders and de facto controllers, and so on.
At present, with the speedy development of China’s capital market, it is needed for listed companies to further intensify the awareness of regulated operations. Such issues as imperfect corporate governance, unsound internal control mechanism, insider trading, market manipulation, information disclosure, have become the focus drawing much attention; especially, the insider trading has been taken as main contradiction in securities regulation.
The SZSE had held the 7th training class respectively in Hubei, Liaoning, Dalian, Hunan and other provinces or cities. The SZSE will continue to put up the training activity nationwide in the near future for the purpose of seriously preventing and controlling insider trading and boosting the regulated operations of listed companies.