Important News Of Three Major Securities Firms In November 19Th

The five departments of the State Council forwarded the "action order".

A number of ministries and commissions jointly stepped up efforts to crack down on, prevent and control insider trading illegal activities in the capital market.

The general office of the State Council recently forwarded the opinions of the SFC and other departments on cracking down on, preventing and controlling insider trading in the capital market according to law, and made overall arrangements and comprehensive plans for combating and preventing insider trading according to law.

GM returns to Shanghai, nearly $500 million

In November 18th, the US auto giant General Motors Company launched its initial public offering (IPO) on the New York stock exchange to return to Wall Street for 17 months.

The picture shows Daniel Akerson, chief executive of General Motors Corporation (former right four) attending the opening bell ringing ceremony on the New York stock exchange.

CBRC: new rules for banking derivatives trade will be introduced soon

At the Asian financial derivatives conference 18, Li Fuan, director of the business innovation supervision and Coordination Department of the China Banking Regulatory Commission, said that the CBRC has revised and completed the "banking financial institutions derivatives business management measures" on the basis of the Interim Measures for the management of derivatives pactions in Financial Institutions promulgated in 2004, which will be released soon.

The new management approach will strengthen market risk capital constraints on derivatives trading.

The overall planning of Sanya is approved by the State Council.

According to the information released by the Chinese government network 18, the State Council recently issued a circular to confirm the overall planning of Sanya by the State Council for examination and approval.

Five ministries and commissions of the SFC jointly cracked down on insider trading in the capital market.

The general office of the State Council recently forwarded the opinions of the SFC, the Ministry of public security, the Ministry of supervision, the state owned assets supervision and Administration Commission, and the Corruption Prevention Bureau on "cracking down on and preventing insider trading in the capital market according to law".

The Commission's responsible person said yesterday that the SFC will carry out the spirit of the notice in five aspects: improving the system, improving the mechanism, improving the environment, combining prevention and control, and monitoring cooperation.

Ministry of land: rare earth special rectification completed before the end of the month

The Ministry of land and Resources recently issued a notice that according to the deployment of special rectification actions of rare earth and other mineral development order by Ministry of land and resources, the special rectification work of national rare earth and other mineral development order should be completed before the end of November.

The Shenzhen Stock Exchange has restricted pactions to 60 accounts in the past 3 years.

Reporters learned yesterday from the Shenzhen Stock Exchange investor's open day activities that since 2008, the Shenzhen Stock Exchange has restricted 60 abnormal traders' investment account pactions.

The CBRC asks the trust company to inspect the risks of real estate business.

Sources told the China Securities Journal 18 reporters that the CBRC issued a notice this week requesting the trust company to conduct a self checking on the compliance risks of the real estate trust business; the local banking regulatory bureau should verify the self-examination situation, and report the results of the verification and treatment of the real estate trust to the CBRC in late December.

Company's major matters must be studied after suspension or non trading time.

The general office of the State Council recently issued a notice pmitting the opinions of the five departments of the securities and Futures Commission on "cracking down on, preventing and controlling insider trading in the capital market" according to law, and calling for the establishment of a long-term mechanism for insider trading to "manage together, combine prevention and control, and integrate prevention and control". The specific measures include tightening up the confidentiality system involving insider information of listed companies, minimizing insider insider's scope, and, in principle, studying and demonstrating major issues of listed companies after suspension or non trading time.

Gem executives "friends and family" hard to reduce

Although major shareholders and executives of GEM listed companies have strict restrictions on shareholding reduction, they do not obstruct their "friends and family groups".

Since the lifting of the original stock market of the first batch of GEM companies in November 1st, Sun Xiaolu, the wife of Tan Zhi, the supervisor of Huayi Brothers, has dropped nearly 80% of his shares in half a month, counting 162 million 400 thousand yuan at the average paction price, ranking first in the amount of personal cash.

Another gem company Jifeng agricultural machinery family collective cash flow phenomenon.