China Securities Regulatory Commission, Provisions for the Regulation of Branches of Securities Companies (Trial Implementation)
中国证券监督管理委员会证券公司分公司监管规定 (试行)
Restrictions set on securities companies’ business scope.
Date:
July 2008
CLP Reference: 3700/08.05.13
PRC Reference: 证监会公告 [2008] 20 号
Promulgated: 13 May 2008
Effective: 13 May 2008
Keywords (click to search): [branches of securities companies] [securities houses] [securities business]
Issued: May 13 2008
Effective: as of date of issuance
Main Contents: A branch shall engage in business within the scope authorized by the securities company, and may not operate beyond its authorized scope.
A securities company may authorize a branch to engage in the following business:
(1) managing the securities company’s securities business offices within a certain territory;
(2) operating the securities company’s securities underwriting and sponsorship business...
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