Securities Association of China: Prohibited from using algorithmic design and other means to convey or seek improper benefits.
Today, the reporter learned from relevant channels that the Securities Association of China is soliciting industry opinions on the revision of the "Implementation Rules for Honest and Clean Practice by Securities Operating Institutions and Their Staff." The Rules adapt to new changes in business development and add new provisions on digital business. In response to the gradual deepening of digital applications in business activities, securities operating institutions are guided to strengthen the prevention and control of integrity risks in the application of technology, and are prohibited from using algorithm design, parameter configuration, function settings, or unauthorized use of system permissions to convey or seek improper benefits.
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