China Securities Regulatory Commission Investigates Tiger Brokers, Futu Securities, and other firms for illegal securities business operations
L'essentiel
- China's CSRC is investigating Tiger Brokers, Futu Securities, and Changqiao Securities for illegally operating securities businesses in mainland China without approval, including marketing, processing trades, and selling public funds.
- Penalties may include confiscation of illegal gains.
Résumé généré par IA
Pourquoi c'est important
The China Securities Regulatory Commission (CSRC) has initiated investigations and issued preliminary administrative penalty notices to Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited. These firms are accused of illegally operating securities businesses within mainland China without the necessary approvals.
中新网5月22日电 据“证监会发布”微信公众号消息，近日，证监会依法对Tiger Brokers (NZ) Limited(以下简称老虎)、富途证券国际(香港)有限公司(以下简称富途)、长桥证券(香港)有限公司(以下简称长桥)境内外相关主体在境内非法经营证券业务等行为立案调查并作出行政处罚事先告知。
老虎、富途、长桥境内外相关主体未经证监会核准，未取得经营证券经纪业务许可、经营证券融资融券业务许可，在境内开展证券交易营销推广、处理交易指令等相关证券业务服务并获取相关收益，违反了《证券法》第一百二十条的规定，构成非法经营证券业务。此外，三家机构境内外相关主体还违反了《证券投资基金法》第九十七条、《期货和衍生品法》第六十三条的规定，构成非法从事公募基金销售业务、非法从事期货经纪业务。
上述非法跨境展业行为，违反了我国证券基金期货法律法规，破坏了市场秩序，必须坚决予以打击。依据《证券法》第二百零二条、《证券投资基金法》第一百三十六条、《期货和衍生品法》第一百三十二条的规定，证监会拟决定没收老虎、富途、长桥境内外相关主体全部违法所得，并依法严厉处罚。拟对当事人实施的行政处罚，当事人享有陈述、申辩及要求听证的权利，证监会将充分听取当事人意见后，依法作出行政处罚决定。
下一步，证监会将继续坚决落实监管“长牙带刺”、有棱有角要求，严厉打击境外机构在境内非法经营证券业务等违法行为，全力维护资本市场秩序和稳定。
À surveiller
Perspective IA — des possibilités, pas des certitudes
The CSRC will issue final administrative penalties against the investigated firms.
Très probable · En quelques semaines
The investigated firms will face significant financial penalties and potentially operational restrictions in mainland China.
Probable · En quelques semaines
Questions ouvertes
- What are the specific penalties to be imposed?
- What is the exact scope of the illegal activities?
- How will this affect the operations of these firms in other regions?
- Will there be further investigations into other similar firms?
