Chapter VI Application of Classification Results of Securities Companies Classification Regulation

Article 28 The China Securities Regulatory Commission shall, in accordance with the principle of classified supervision, set different risk control index standards and risk capital reserve calculation ratios for different types of securities companies, and treat them differently in terms of supervision resource allocation, frequency of on-site inspection and off-site inspection.

Article 29 The classification results of securities companies will serve as prudent conditions for securities companies to apply for increasing business types, setting up new business outlets, issuing and listing, etc.

Article 30 The classification results of securities companies will be used as the basis for determining the pilot scope and promotion order of new businesses and new products.

Article 31 China Securities Investor Protection Fund Company shall, according to the classification results of securities companies, determine the specific proportion of securities companies at all levels to pay securities investor protection funds.

Article 32 The classification results of securities companies are mainly used by the China Securities Regulatory Commission and its dispatched offices. Securities companies shall not disclose the classification results, and shall not use the classification results for commercial purposes such as advertising, publicity and marketing.