Corporate insiders
Source: Xinhua |
June 16, 2011, Thursday
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Print Edition
Print Edition
CHINA'S top securities regulator yesterday issued draft regulations on the registration of corporate insiders to step up crackdowns on insider trading.
The China Securities Regulatory Commission said in a statement that the regulations aim to make clear the role of listed companies in having corporate insiders registered.
The regulations require registration by shareholders with a stake of more than 5 percent, shareholders with an indirect controlling stake, parties to mergers and acquisitions, brokerage firms and others with access to insider information.
The China Securities Regulatory Commission said in a statement that the regulations aim to make clear the role of listed companies in having corporate insiders registered.
The regulations require registration by shareholders with a stake of more than 5 percent, shareholders with an indirect controlling stake, parties to mergers and acquisitions, brokerage firms and others with access to insider information.
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