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China to conduct random checks across securities, futures sectors

Updated: Nov 13,2015 9:45 PM     Xinhua

BEIJING — China will start conducting random checks across the securities and futures sectors in 2016, a top regulator announced on Nov 13.

The China Securities Regulatory Commission (CSRC) has developed a work plan to enhance the regulation of securities and futures trading.

The CSRC also decided to punish parties in five cases of securities manipulation with administrative penalties.

Financial market regulators are asked to enhance supervision on market players to protect the rights of consumers, according to a guideline released by the State Council on Nov 13.