On August 20, on the occasion of the seventh anniversary of its establishment, the Shanghai Financial Court (SFC) held a press conference to release the Legal Risk Prevention Report on Disputes over Liabilities for Securities Misrepresentation, and jointly released ten cases involving securities misrepresentations with the Shanghai Bureau of the China Securities Regulatory Commission (CSRC).
This is the fourth consecutive year that the Court has issued a financial legal risk prevention report following the establishment of its annual release mechanism for financial dispute legal risk prevention reports, after reports on private funds, bonds, and finance lease disputes.
Shan Suhua, Member of the Party Leadership Group and Vice President of the SFC, briefed the media on the Report and related cases. Journalists from nearly 20 news outlets involving People’s Daily, CCTV, Legal Daily, Shanghai Securities News, Securities Daily, and other media outlets attended the press conference.
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