SPC, SPP issue judicial interpretations on dealing criminal securities and futures cases

(english.court.gov.cn)      Updated : 2019-06-29

The Supreme People's Court and the Supreme Peoples Procuratorate released two judicial interpretations of several issues concerning the application laws to better deal with criminal cases of manipulating securities and futures markets on June 28 at a press conference in Beijing.

Dealing with criminal cases of manipulating securities and futures markets and trade with unpublished information are the major focuses of the judicial interpretations.

The interpretations are very meaningful for punishing securities and futures crimes in accordance with the law, prevention and dissolving the financial risks and safeguarding legal rights of investors, said Li Yong, presiding judge of the SPC's Criminal Adjudication Tribunal No 3.

The two interpretations are also significant to ensure the stable reform of STAR Market, informally dubbed the science and technology innovation board.

Hosted by SPC spokesperson Li Guangyu, the press conference was attended by Jiang Yongyi, deputy presiding judge of the SPC's Criminal Adjudication Tribunal No 3, Cheng Hehong, director of the Department of Legal Affairs of the China Securities Regulatory Commission.

The SPC and the SPP hold a news conference to release judicial interpretations on handling cases of securities and futures crimes on June 28 in Beijing. [Photo/court.gov.cn]

Li Yong, presiding judge of the SPC’s Criminal Adjudication Tribunal No 3, addresses the news conference on June 28 in Beijing in which judicial interpretations on dealing cases of securities and futures crimes were released. [Photo/court.gov.cn]

Jiang Yongyi, deputy presiding judge of the SPC's Criminal Adjudication Tribunal No 3 addresses the news conference on June 28 in Beijing in which judicial interpretations on dealing cases of securities and futures crimes were released. [Photo/court.gov.cn]

Xian Jie, deputy director of Law and Policy Research Office of the SPP, speaks at the news conference on June 28. [Photo/court.gov.cn]

Li Bingyang, deputy director of the Economic Crime Investigation Bureau of the Ministry of Public Security, offers the bureau's views on securities and futures crimes. [Photo/court.gov.cn]

Cheng Hehong, director of the Legal Department of the China Securities Regulatory Commission, makes remarks at the news conference on June 28 in Beijing. [Photo/court.gov.cn]