CSRC Preps Brokerages in Case of Major Liquidity Risks with Protection Fund
Posted on 07/06/2019
The China Securities Regulatory Commission (CSRC) disclosed that they will permit Chinese brokerages that are impacted by major liquidity risks to seek support from the state-backed investor protection fund. These brokerages could apply for liquidity support from the China Securities Investor Protection Fund if liquidity risks can’t be mitigated through self-rescue or market-oriented means, according […]
