Special restructuring of the voucher trade business module was initiated and special facilities for individual investors were prohibited

The three exchanges have recently revised their business module management requirements and issued circulars to bond dealers to enhance the management of the business module, with the aim of maintaining security market order and trade equity and protecting the legitimate interests of investors. The exchange is clear that the issuer immediately initiates a full self-check of the transaction module and that stock is not configured to be compliant Within three months, the modifications should be completed; the exchange requires that the internal distribution of the trading modules should be made fair, investors should be treated fairly, the legitimate interests of investors, especially small and medium-sized investors, and special facilities for individual investors should be strictly prohibited; and members should distribute the trade gateway equitably to investors and, in principle, not to single investors. Newly planned red lines, self-employment, market operations, asset management, etc. that require business segregation should be used rationally, without compromising the fairness of transactions; issuers should ensure that clean-up work is carried out in a smooth and orderly manner and that interpretative education for end-of-service clients is done, while some of the transaction modules that have been cleared should be prioritized for improving the trading experience of ordinary investors. At the end of the reorganization period, the exchange will conduct on-site implementation verification in the context of day-to-day regulation. Original (FIA) link