Heavy! Regulatory authorities warn: playing such a "cheat" will be monitored and dealt with by the focus, and someone has triggered the early warning of the monitoring platform

I have only heard of playing games "open plug-ins" before, but I didn't expect that someone actually "opened plug-ins" to play new ones.

According to the latest regulatory newsletter of the Shenzhen Securities Regulatory Bureau, recently, some people are suspected of "playing new" and other transactions through "plug-in" software, triggering abnormal early warnings of the monitoring platform.

In this regard, the Shenzhen Securities Regulatory Bureau put forward a risk warning, requiring securities companies in the jurisdiction to improve the monitoring system, continue to regulate customer trading behavior, list customers who are suspected of using external software privately as key monitoring objects, and promptly dispose of relevant abnormal transaction clues in accordance with the law.

Open a "plug-in" to play a new is targeted

Recently, the Shenzhen Securities Regulatory Bureau released the first issue of the 2022 Securities and Futures Institutions Regulatory Newsletter.

According to the regulatory communication, recently, customers of individual securities companies in the jurisdiction are suspected of obtaining "plug-in" software through illegal websites to carry out trading operations such as playing new ones, triggering abnormal early warnings of the monitoring platform.

China Securities News and China Securities Taurus reporter noted that there are software platforms on the Internet that are marketing the so-called "stock speculation auxiliary software" and "one-click new software", saying that related software can improve the new winning rate and assist in unwinding...

A certain software even claims: "Can achieve multiple accounts at the same time to play new, N accounts N times the probability, can achieve millisecond level centralized subscription, monopoly matching effect; and the software uses big data black box algorithm, cloud hosting automatic new, do not miss any opportunity." ”

In this regard, the Shenzhen Securities Regulatory Bureau put forward a risk warning, requiring securities companies in the jurisdiction to improve the monitoring system, strengthen monitoring and disposal for customers using external software to access the company's trading system without authorization, and maintain normal trading order.

First of all, securities companies are required to do a good job in investor education, reminding investors not to use external systems to access the company's trading system privately, let alone lend or borrow other people's accounts for securities trading. Second, continue to standardize customer trading behavior, list customers who are suspected of using external software privately as key monitoring objects, and promptly dispose of relevant abnormal transaction clues in accordance with the law. In addition, further improve the construction of information systems, timely upgrade monitoring loopholes, effectively implement abnormal clue disposal mechanisms, and block abnormal transaction behaviors from the source.

It is forbidden to recommend shares in the form of live broadcasting

Previously, some securities companies cooperated with the Internet "Big V" to carry out online live broadcasts, customer diversion and other activities, which aroused widespread concern in the market.

In this regulatory communication, the Shenzhen Securities Regulatory Bureau put forward a risk warning, saying that the Internet "big V" is not a securities broker engaged in full-time securities brokerage business, and securities companies are not allowed to cooperate with the "big V" through drainage and other forms.

In addition, it is forbidden to recommend stocks in the form of live broadcasting, and the staff of securities companies should maintain an objective and professional attitude through online live broadcasting, mainly focusing on macro levels such as economic situation analysis, market change comments, and economic data interpretation.

At the same time, securities companies should strengthen the management of organizing outside people to comment, do a good job in advance review, and fully disclose the relationship between securities companies and outsiders.

The Shenzhen Securities Regulatory Bureau said that in the next step, it will strengthen the supervision of securities companies to carry out securities brokerage and investment consulting business in the form of the Internet, seriously hold accountable for violations of laws and regulations found, and maintain a good ecology for the development of the industry.

Institutional product valuation management violations were warned

In the risk warning section, the Shenzhen Securities Regulatory Bureau also mentioned the issue of valuation management of asset management products.

The Shenzhen Securities Regulatory Bureau said that in its daily supervision, it is concerned that the valuation management of private asset management plans managed by some institutions is not in place in the process of investing in private bonds: first, the private asset management plan is not fairly valued in accordance with the requirements of net worth management; second, different valuation methods are adopted for similar assets held by different products, which violates the provisions of relevant laws and regulations on valuation consistency.

Among them, due to the private debt and other related assets invested in some private asset management products under management, some institutions failed to adopt fair value valuations as required by regulations, and the company was ordered to take warning letters and order corrective measures.

Source: Shenzhen Securities Regulatory Bureau

The Shenzhen Securities Regulatory Bureau pointed out that all institutions should attach great importance to product valuation management. First of all, improve the awareness of compliance, strictly implement the "Measures for the Administration of Private Equity Asset Management Business of Securities and Futures Operators" and other relevant laws and regulations, adhere to the principle of fair value measurement, and strictly limit the use of the cost method. Second, improve the internal control mechanism of valuation management, establish a regular review and review mechanism on the consistency of product valuation, and ensure that there are no major defects in valuation procedures and technologies. In addition, when using valuation techniques to determine fair value, the observable input value should be used preferentially, and the observable input value should only be used if the observable input value of the underlying asset or liability cannot be obtained or if it is not practicable to obtain it.

Column Editor-in-Chief: Zhang Wu Text Editor: Song Hui Title Image Source: Visual China Image Editor: Su Wei

Source: Author: China Securities News