[2] In November 2022, it stated its role to build "a capital market with Chinese characteristics".
Additionally, it was granted responsibility auditing corporate bond issuances from the National Development and Reform Commission.
[4] In late 2023 and early 2024, the CSRC instructed some institutional investors not to sell stocks in order to stabilize share prices.
[5][6] China's first Securities Law was passed December 1998, and became effective July 1, 1999.
The nation's first comprehensive securities legislation, it grants CSRC "authority to implement a centralized and unified regulation of the nationwide securities market in order to ensure their lawful operation".