China Securities Regulatory Commission: Continue to crack down on and cooperate with fraud, increase efforts to deal with it, and resolutely break down the fraud ecosystem According to a report by Golden Finance, on June 30th, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, presided over a central local collaborative work promotion meeting on the comprehensive punishment and prevention system for financial fraud in the capital market in Beijing today. The participating units conducted in-depth research on the progress of key work and the next steps of work. The meeting discussed that after nearly two years of joint efforts, the comprehensive punishment and prevention system has become increasingly sound, the market ecology continues to purify, and the crackdown and prevention of financial fraud in the capital market need to continue to work in the same direction and cooperate in governance. One is to continue to improve joint punishment, strengthen social supervision, strengthen the constraint of dishonesty, and establish a mechanism for preventing and controlling fraud. Secondly, we will continue to strengthen regulatory cooperation, enhance the level of information sharing, and strengthen the joint efforts in risk management. Thirdly, we will continue to crack down on cooperation and fraud, further improve the mechanism for reporting and providing feedback on clues, increase the intensity of disposal, and resolutely break down the fraud ecosystem.