Department of Intermediary Supervision of the China Securities Regulatory Commission, Circular on Issues Relevant to Exemption of the Underwriting Limit on Securities Companies

中国证券监督管理委员会机构监管部关于证券公司承销限额豁免有关问题的通知

October 02, 2006 | BY

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Issued: September 27 2006Main contents: When underwriting large cap stocks, securities companies whose net capital comply with the standard and that are…

Clp Reference: 3700/06.09.27 Promulgated: 2006-09-27

Issued: September 27 2006

Main contents: When underwriting large cap stocks, securities companies whose net capital comply with the standard and that are not undergoing substantial reform may apply for exemption from the stipulation of "the amount of each underwriting may not exceed 30% of the net capital nor may it exceed Rmb300 million" (Article 2).
Related legislation: Supplementary Circular on Regulation of the Underwriting Business of Securities Institutions, 2000 and Measures for the Administration of Risk Control Indicators of Securities Companies, Jul 20 2006

clp reference:3700/06.09.27promulgated:2006-09-27

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