The securities market is a sensitive market, and the instability and risks of the market directly affect the stability of the whole economy. The State Council Securities Regulatory Authority, as a regulatory body, is responsible for maintaining the stability and safety of the market. Through examination and approval, supervision and law enforcement, it can prevent all kinds of illegal acts, ensure that it abides by laws and regulations and does not engage in illegal acts, which is helpful to protect the stability and safety of the financial market.