How To Introduce Whistleblower To Improve Stock Market Supervision System

< p > to reward the whistleblower, this is the move put forward by the US Dodd href= "http://sjfzxm.com/DESIGN/designer/index.asp" > Obama < /a > the Dodd Frank act passed by the government in 2010.

The bill introduced incentives for eligible whistleblowers to provide 10% to 30% penalty.

In order to implement the policy, the securities and Exchange Commission set up a whistleblower office in 2011.

According to White, chairman of the securities and Exchange Commission, "our whistleblower scheme is very successful, which provides us with high quality and valuable information.

We hope that similar bonuses can inspire more people to provide information to us.

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< p > is based on the success of the "heavy reward whistleblower" system in the US < a href= "//www.sjfzxm.com/pioneer/" > stock market < /a >. It is very necessary for the Chinese stock market that is currently carrying out the "steel wrist governance" to introduce this system.

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Less than P, since Xiaogang became the chairman of the "a href=" http://zs.sjfzxm.com/ "SFC" /a "in March this year, it has significantly increased its efforts in the investigation and punishment of illegal and criminal acts.

This is most evidently reflected in the investigation and investigation of securities and Everbright Securities by the SFC this year.

At the national securities and futures inspection Enforcement Conference held in August this year, Xiaogang emphasized that all kinds of illegal activities should be dealt with with "stability, accuracy and ruthlessness", and the cost of breaking the law and breaking the promise should be greatly increased.

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< p > chairman Xiao Gang's "steel wrist governance" is needed in China's stock market, but "steel wrist governance" also needs to face the problems of professionalism and concealment of securities crimes.

Because of the characteristics of professionalism and concealment, some securities offense can not be investigated and dealt with in time, or even won't be found by regulatory authorities.

Therefore, insider reporting of securities crimes is particularly important.

With the introduction of the "reward whistleblower" system, some covert securities crimes can be reported.

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< p > not only that, the system of "rewarding the whistleblower" is also conducive to easing the problem of insufficient supervision resources.

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< p > in the face of the temptation of the securities market, at the same time, with the expansion of China's stock market and the complicating of investors' identity, the increase of various securities offenses is inevitable.

With the professionalism and concealment of securities crimes, supervision work is often in a state of fatigue, and regulatory resources are seriously inadequate.

This problem is particularly evident in China's stock market.

To this end, the Commission intends to add 600 new law enforcement officers.

Even so, the regulatory power of China's stock market is still less than that of the United States, and the regulatory resources are still relatively limited.

But if we introduce the system of "rewarding the whistleblower", we can alleviate the problem of insufficient supervision resources to a certain extent.

Because the system turns regulatory regulation of the market into a universal regulation, so the efficiency of regulation will be greatly improved.

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